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.

A company with 4000 shares of nominal value of Rs 110 each declares an

1.	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.
Answer» 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.

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