1.

A company with 10,000 shares of nominal value of Rs 100 declares an annual dividend of 8% to the shareholders. (i) Calculate the amount of dividend paid by the company. (ii) Ramesh had bought 90 shares of the company at Rs 150 per share. Calculate the dividend he receives and the percentage return on his investment. [4 MARKS]

Answer» A company with 10,000 shares of nominal value of Rs 100 declares an annual dividend of 8% to the shareholders.
(i) Calculate the amount of dividend paid by the company.
(ii) Ramesh had bought 90 shares of the company at Rs 150 per share. Calculate the dividend he receives and the percentage return on his investment.
[4 MARKS]


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