Question

Rohit had 400 preference shares and 200 ordinary shares of a company at
10 each. The annual dividend declared was 8% on preference shares and
14% on ordinary shares. Calculate the total dividend of Rohit.​

Answer 1

Annual dividend = Par value of share * Rate of dividend

Annual dividend = Rs. 200000 * 5%

Annual dividend = Rs. 10000

Dividend for equity shareholder = total dividend - preference dividend

Dividend for equity shareholder = Rs.25000 - Rs. 10000

Dividend for equity shareholder = Rs. 15000

Answer:

hopefully u satisfy with this answer ☺️