Sainik School Entrance Exam 2019 Solved Paper

Question : 46 of 150

Marks: +1, -0

The face value of each share is

₹ 10

. If dividend is

16 \%

then what will be the income from 600 shares?

Solution:

(b) Face value of the 600 shares

=600 ×10=6000

Annual income

=6000 ×16 \%=960

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