Question

find the total dividend that Mr.X got at 8% on 340 shares of fv rs 50 each
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Answer 1

Answer:

A company declares semiannual dividend of 6%. A man has 500 shares of NV Rs 25 each. Find his annual income. Solution

Answer 2

Given : 8%  Dividend

340 shares  

Face value rs 50 each

To Find : total dividend

Solution:

Dividend  % = 8 %

Face Value = Rs 50

Dividend Per share  = ( Dividend % / 100) * Face Value

= (8/100) * 50

= 4  Rs

Number of Shares = 340

total dividend  = Number of Shares  x Dividend per share

=> total dividend  =  340 x 4

=>  total dividend  = 1360 Rs

total dividend that Mr.X got   = 1360 Rs

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