the face value of each share is rupees 10 if dividend is 16%then what will be the income from 600 shares?
Answer (1)
24th Mar, 2020
Hello Ragveer !
Face Value = 10 , Share=600
Then TOTAL AMOUNT Formula is Face value * Share = 600×10 = 6000
As , DIVIDEND= 16%
DIVIDEND INCOME = Dividend % OF TOTAL AMOUNT
16/100× 6000 = 960
Hence , Income = Rs 960.
Hope it helps !
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