Swarna invested Rs. 2,592 in buying shares of a company at Rs. 108 each. The face value of each share…
Swarna bought \(\frac{2592}{108}=24\) shares. Dividend is paid on the face value, not on the price paid: \(12\frac12\%\) of Rs. 100 is Rs. 12.50 per share. Her total…
Choose your answer
Swarna invested Rs. 2,592 in buying shares of a company at Rs. 108 each. The face value of each share is Rs. 100. The company paid % dividend at the end of the year. Find the dividend received by Swarna at the end of the year.
Answer and explanation
Correct answer A
Swarna bought shares. Dividend is paid on the face value, not on the price paid: of Rs. 100 is Rs. 12.50 per share. Her total dividend is .
Practice for these exams
-
NCHM Joint Entrance Examination (NCHM JEE)