Nominal value of 1 share = Rs. 25
Market value of 1 share = Rs. 40
Profit% on investment = 4%
Then profit on 1 share = 4% of Rs. 40 = Rs. 1.60
∴ Dividend % = (1.60/25) ×100%=6.4% Ans.
No. of shares purchased = 60
Then dividend on 60 shares = 60 × Rs.1.60 = Rs. 96 Ans.