+2 votes
in Class 10 by kratos

Ajay owns 560 shares of a company. The face value of each share is Rs. 25. The company declares a dividend of 9%. Calculate:

(i) The dividend that Ajay will get.

(ii) The rate of interest on his investment, if Ajay had paid Rs. 30 for each share.

1 Answer

+3 votes
by kratos
 
Best answer

No. of shares = 560

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