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a) A company with 10,000 shares of Rs 100 each declares an annual dividend of 5%. (i) What is the total amount of dividend paid by the company? (ii) What would be the annual income of a man, who has 72 shares in the company? (iii) If he received only 4% on his investment, find the price he paid for each share. b) A company with 4000 shares of nominal value of Rs 110 each declares an annual dividend of 15%, Calculate: (i) the total amount of dividend paid by the company. (ii) the annual income of Shahrukh who hold 88 shares in the company. (iii) if he received only 10% on his investment, find the price Shahrukh paid for each share. [6 MARKS] |
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Answer» a) A company with 10,000 shares of Rs 100 each declares an annual dividend of 5%. (i) What is the total amount of dividend paid by the company? (ii) What would be the annual income of a man, who has 72 shares in the company? (iii) If he received only 4% on his investment, find the price he paid for each share. b) A company with 4000 shares of nominal value of Rs 110 each declares an annual dividend of 15%, Calculate: (i) the total amount of dividend paid by the company. (ii) the annual income of Shahrukh who hold 88 shares in the company. (iii) if he received only 10% on his investment, find the price Shahrukh paid for each share. [6 MARKS] |
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