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Shubendhu owns 560 shares of a company. The face value of each share is Rs. 25. The company declares a dividend of 9%. Calculate: (i) The dividend that Shubendhu will get. (ii) The rate of interest on his investment if Shubendhu had paid Rs. 30 for each share. |
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Answer» Shubendhu owns 560 shares of a company. The face value of each share is Rs. 25. The company declares a dividend of 9%. Calculate: (i) The dividend that Shubendhu will get. (ii) The rate of interest on his investment if Shubendhu had paid Rs. 30 for each share. |
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