Stocks and Shares Practice Test 1

Question : 40 of 40

Marks: +1, -0

A man invested Rs 2,000 to buy a share of acompany at Rs 105 each with the tax value ofa share being Rs 200. The company paid 10% dividend. Find the dividend earned at the end of the year.

Rs 365.80
Rs 280.50
Rs 412.20
Rs 380.95
None of these

Validate

Solution:

Income derived

={\text"Total investment× Face value × Dividend "}/ \text " Market value × 100"

={2000×200×10}/{105×100}=380.95

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