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प्रश्न
A medicine company declared a semi-annual dividend of `7 1/2%` Find the annual dividend of a person, owning 1250 shares of the company having a par value of ₹ 10 each.
योग
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उत्तर
Given:
Semi-annual dividend = `7 1/2%` = 7.5%
Par value per share = ₹ 10
Number of shares = 1250
Annual Dividend Rate
7.5% × 2
= 15%
Dividend per share
= 15% of ₹ 10
`= 15/100xx10`
= ₹ 1.50
Total dividend
= ₹ 1.50 × 1250
= ₹ 1875
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