priya had 130 share of a compony of face value of rs 100 each find the dividend she received when compony declared 8%dividend
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Given:
Number of shares Priya owns in the company =
Face value of shares of the company =
Percentage of the dividend provided by the company =
To find:
The amount of dividend Priya received.
Solution:
Dividend on 1 share of the company = Percentage of dividend provided by the company Face value of the company shares
Therefore, the dividend provided to Priya by the company for 130 shares of face value Rs. 100 amounts to Rs.1040.
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