CUET Preparation Today
Arun owns 560 shares of a company. The face value of each share is Rs 25. The company declares a dividend of 9%. Calculate the dividend Arun would receive. |
₹1560 ₹1460 ₹1260 ₹1360 |
₹1260 |
The correct answer is option (3) : ₹1260 Dividend on 1 share of $₹25 = ₹\frac{9}{100}×25$ $=₹2.25$ Dividend on 560 shares $=₹(560×2.25)$ $=₹1260$ |
