Discussion :: Stocks and Shares
- A company issued 25000 shares of par value Rs. 15 each. If the company has decided to give the dividend Rs. 30000, what is the rate of dividend paid by the company?
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Answer : Option B
Explanation :
Number of shares = 25000
Face value of each share = Rs. 15
Let R is the rate of interest.
Dividend per share = 15 * 
Total dividend = 25000 * 15 *
As per the question: 25000 * 15 * = 30000
R = 
= 8
So, the dividend is 8%.
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