A commercial bank sold 20,000 shares in a year. The bank made a net pr

1.	A commercial bank sold 20,000 shares in a year. The bank made a net profit ofRs 1,80,00,000 in the year and decided to distribute 10% dividend from the netprofit. Calculate the amount of divided received by the shareholders whose numberof shares are (i) 750 (ii) 1000 and (iii) 1700.please give very clear and very step by step answer.
Answer» ANSWER: The bank made a NET profit of Rs 1,80,00,000 in the year and DECIDED to distribute 10% dividend from the net profit. CALCULATE the amount of DIVIDED received by the shareholders whose number of shares are (i) 750 (ii) 1000 and (iii) 1700. please give very clear and very step by step answer.fnxnn fjzbs x

A commercial bank sold 20,000 shares in a year. The bank made a net profit ofRs 1,80,00,000 in the year and decided to distribute 10% dividend from the netprofit. Calculate the amount of divided received by the shareholders whose numberof shares are (i) 750 (ii) 1000 and (iii) 1700.please give very clear and very step by step answer.

Answer»

ANSWER:

The bank made a NET profit of

Rs 1,80,00,000 in the year and DECIDED to distribute 10% dividend from the net

profit. CALCULATE the amount of DIVIDED received by the shareholders whose number

of shares are (i) 750 (ii) 1000 and (iii) 1700.

please give very clear and very step by step answer.fnxnn fjzbs x

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