Symbiosis National Aptitude Test SNAP 2012 Paper

Question : 11 of 150

Marks: +1, -0

The capital of a company is made up of 50,000 preferred shares with dividend of 20% and 20,000 common shares, the par value of each type of share being ₹ 10. The company had a total profit of ₹ 1,80,000 out of which ₹ 30,000 was kept in reserve and the remaining distributed to shareholders.
Find the dividend percent to the common shareholders.

Validate

Solution:

Dividened for the preferred share
= 50000 × 10 ×

{20}/{100}

= ₹ 1,00,000
Rest of the dividened = 180000 – 100000 – 30000 = ₹ 50000
% of dividened for general shares
=

{50000×100}/{20000×10}

= 25%

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