Mathematics
Rajesh invested ₹ 75,000 in a company paying 10% dividend. If ₹ 10 shares of this company are available for ₹ 15, the return on these shares is :
₹ 2,500
₹ 5,000
₹ 3,750
₹ 7,500
Shares & Dividends
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Answer
No. of shares bought = = 5000.
Dividend on 1 share = Dividend % × N.V. of each share
= = ₹ 1.
Dividend on 5000 shares = 5000 × ₹ 1 = ₹ 5000.
Hence, Option 2 is the correct option.
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