#All India Sainik Schools Entrance Examination

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the face value of each share is rupees 10 if dividend is 16% then what will be the income from 600 shares?

Shivansh Sharma 24th Mar, 2020

Answers (2)

Chetan Anand 8th Aug, 2020

Face of 1 share your s 10

So,face value of 600 share is 6000.

If dividend is 16percentage then

6000 into16/100 equal to 96O

THE CORRECT ANSWER OF THIS QUESTION IS 960.

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Devraj Student Expert 24th Mar, 2020

Hii

Here is how to calculate-

Dividend = 16% of 600 shares*10 rs

=(600*10)*16%

=16% of 6000

=Rs 960

So, income from 600 shares=Rs960

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