the face value of each share is rs. 10 if dividend is 16 percent then what will be the income from 600 shares
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Given that,
The face value of each share is Rs 10
Dividend is 16%
Share is 600
To find,
What will be the income from 600 shares.
Solution,
The total amount for 600 shares and Rs 10 each share will bet :
Total amount = Face value × shares
Total amount = 10 × 600
Total amount = Rs 6000
It is mentioned that divided is 16%. So,
Income = 16% of Rs 6000
Income = Rs 960
So, Rs 960 is the income from 600 shares. Hence, this is the required solution.
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