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Find the annual income derived from 250, Rs. 60 shares paying 5% dividend.

+3 votes

asked Mar 11, 2019 in Class 10 by kratos

Find the annual income derived from 250, Rs. 60 shares paying 5% dividend.

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1 Answer

+3 votes

answered Jan 27, 2021 by kratos

Best answer

Nominal value of 1 share = Rs. 60

Nominal value 250 shares = Rs. 60 × 250 = Rs. 15,000

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