Question

shirish brought shares of company market value is equal to rupees 24 Per share the face value of share being rupees 10 if the rate of return is equal to 25% find the dividend declared by company ​

Answer 1

Step-by-step explanation:

M.V= Rs. 24

F.V= Rs. 10

P%= 25%

Dividend = ?

P%× M.V = D%× F.V

25 × 24 = D% × 10

therefore, D% = 60%

Dividend = D% of F.V

= (60 × 10)÷ 100

dividend = Rs 6