Question

Pratik owned 300 shares of a company
with face value of 2 10 each. Find
his annual dividend if the company
declared 12% dividend​

Answer 1

Given : Pratik owned 300 shares of a company  with face value of ₹ 10 each.

To Find  : his annual dividend if the company  declared 12% dividend​

Solution:

Pratik owned 300 shares  

face value of ₹ 10 each.

company  declared 12% dividend​

Dividend per Share = (12/100)10  = 1.2  ₹

number of Shares = 300

Total Dividend = 300 * 1.2   =  360  ₹

annual dividend   =  360  ₹

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Answer 2

Given Pratik owned 300 shares of a company with face value

of Rs.10 each.

his annual dividend if the company declared 12% dividend

Pratik owned 300 shares

face value of Rs. 10 each.

company declared 12% dividend

Dividend per Share = (12/100)10 =1.2 Rs.

number of Shares = 300

Total Dividend 300×1.2=360

Annual Dividend = 360 Rs.