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Yash Has 1200 Shares of Rs 150 Each of 'Honeywell Corporation' Paying 18% Dividend. Find His Net Income After Paying.

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प्रश्न

Yash has 1200 shares of Rs 150 each of 'Honeywell Corporation' paying 18% dividend. Find his net income after paying.

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उत्तर

No. of shares = 1200

Nominal value of each share =Rs 150 

Face value of 1200 shares= Rs (150 x 1200) =Rs 1,80,000 

Rate of dividend = 18 %

Total dividend = `(180000 xx 18)/100` = Rs 32400

Rate of income tax = 8 %

Total tax = `(8 xx 32400)/100` = Rs 2592

Net income = Rs (32,400 - 2,592) = Rs 29,808 

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अध्याय 3: Shares and Dividends - Exercise 4.1 [पृष्ठ ६१]

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फ्रैंक Mathematics Part 2 [English] Class 10 ICSE
अध्याय 3 Shares and Dividends
Exercise 4.1 | Q 5 | पृष्ठ ६१

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