The face value of each share is rs 10. If divedend is 16% then what will be the income from 600 shares?
Answers
Answered by
1
FV = 10
Share=600
TOTAL AMOUNT = 600×10
= 6000
DIVIDEND= 16%
DIVIDEND INCOME = 16 % OF TOTAL AMOUNT
16/100× 6000
960
Income= rs 960
Similar questions