Question

₹ 20,000 is spent in buying ₹ 50 shares with dividend 5%. The dividend earned is ______.

विकल्प

• ₹ 1,000

• ₹ 200

• ₹ 500

• ₹ 2,000

Answer 1

₹ 20,000 is spent in buying ₹ 50 shares with dividend 5%. The dividend earned is ₹ 1,000.

Explanation:

Total amount invested = ₹ 20000

M.V/F.V of one share = ₹ 50

∴ No. of shares bought = `20000/50` = 400

Rate of Dividend = 5%

∴ Dividend on one share

= 5% of ₹ 50

= ₹ 2.50

Thus, total dividend on 400 shares

= 400 × 2.50

= ₹ 1000