Std - 10
Sub - Mathematic
3) A company declared a dividend of 15% on a share whose face value is 100/- and
market value is 140/- complete the activity to get the answer.
i) How many shares can be purchased, for 12,600/-
ii) What is the dividend ?
Activity
i) Number of shares purchased =
Total investment
= 2 = 0
Market value of one share
ii) Dividend received = dividend per share x number of share
= 0 x 90 = 0/-
Answers
Answered by
1
Answer:
Step-by-step explanation:
i)Total shares purchased = Total investment/MV
=12600/140=1260/14=630/7=90
No. of shares purchased by amt ₹12,600 at MV=₹140 is 90 shares
ii) Dividend is the amt given by the company at the end of the year to the share holder ... this Dividend percentage is calculated on FV declared by the company.
Here Dividend = 15 percent of FV
=15/100×100
=₹15 on each share
Total Dividend = 15 × no. of shares
=15×90
=₹1350
Dividend = ₹1350
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Answered by
1
Answer:
hope so this will help you
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