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what is the rate of dividend, if dividend of 24 rupees is received on 3 shares of face value 100 rupees |
Answer» RATE of Dividend = 8 % if dividend of 24 rupees is received on 3 shares of face value 100 rupeesStep-by-step explanation: dividend of 24 rupees is received on 3 shares => Dividend received on 1 Share = 24/3 => Dividend received on 1 Share = Rs 8 Face value of Share = Rs 100 Let say rate of dividend = R % Dividend = (R/100) * Face Value of Share => 8 = (R/100) * 100 => R = 8 Rate of Dividend = 8 % if dividend of 24 rupees is received on 3 shares of face value 100 rupees Learn more: Amit bol 24 shares of fv 100 by investing 3000 8% dividend was ... how much should a man invest in rupees 50 shares selling at ... |
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