Mathematics

A company with 10,000 shares of ₹ 100 each, declares an annual dividend of 5%.

(i) What is the total amount of dividend paid by the company ?

(ii) What should be the annual income of a man who has 72 shares in the company ?

(iii) If he received only 4% of his investment, find the price he paid for each share.

Shares & Dividends

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