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 !
Question : 9% preference shares of 10 each Rs. 5,00,000, Equity shares of 10 each Rs.1,20,000, Profit after tax Rs.4,20,000, Equity dividend paid 20%, Market price of equity shares Rs.25 each. What will be the earnings per share?
Option 1: 3.20
Option 2: 3.30
Option 3: 3.125
Option 4: 3.32
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