if 50 shares of face value rupees 10 were purchased from market value of rupees 25.Company declared 30% dividend on the shares then to find sum invested and dividend received.
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SOLUTION :-
MV = Rs.25
FV = Rs.10
Shares = 50
Dividend Declared by the company = 30%.
Rate of Return = Dividend÷MV*100
= 30÷25*100 = Rs.120.
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Sum invested = ₹1,250
dividend received = ₹150
Step-by-step explanation:
Number of shares = 50
Market Value of each share = ₹25
The amount invested in 50 shares = 50 × 25
= ₹1,250
Dividend declared by the company = 30% (on FV)
Face Value of each share = 10
Face value of 50 shares = 50 × 10 = 500
Dividend received = 30% × 500
= 0.30 × 500
= ₹150
Sum invested = ₹1,250
dividend received = ₹150
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