NumericalEasy1 mark
5(b)
A man invests ₹22,500 in ₹50 shares available at 10% discount. If the dividend paid by the company is 12%, calculate:
The annual dividend received.
Topic: Shares, dividend and return
Previous-year question practice database
Answer
Exam answer
Dividend per share = 12% of ₹50 = ₹6.
Number of shares = 500.
Annual dividend = 500 × 6 = ₹3,000.
Answer: ₹3,000.
Explanation
Dividend is calculated on nominal value, not market value.
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