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Find the total dividend Kabir got when he invested Rs. 12,000 in 10% Shares of market value Rs. 250 and face value Rs. 10?
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Find the total dividend Kabir got when he invested Rs. 12,000 in 10% S...
Investment Details:
- Amount invested by Kabir: Rs. 12,000
- Market value of shares: Rs. 250
- Face value of shares: Rs. 10

Calculating the number of shares:
To calculate the number of shares Kabir bought, we need to divide the amount invested by the market value of each share:
Number of shares = Amount invested / Market value per share
Number of shares = 12,000 / 250
Number of shares = 48 shares

Calculating the dividend:
The dividend is usually given as a percentage of the face value of the shares. In this case, the dividend rate is 10%.
To calculate the dividend amount, we need to multiply the dividend rate by the face value of each share and then multiply it by the number of shares:
Dividend amount = Dividend rate * Face value per share * Number of shares
Dividend amount = 10% * 10 * 48
Dividend amount = 0.10 * 10 * 48
Dividend amount = Rs. 48

Final Calculation:
The total dividend Kabir received from his investment is Rs. 48.
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Find the total dividend Kabir got when he invested Rs. 12,000 in 10% Shares of market value Rs. 250 and face value Rs. 10?
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Find the total dividend Kabir got when he invested Rs. 12,000 in 10% Shares of market value Rs. 250 and face value Rs. 10? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Find the total dividend Kabir got when he invested Rs. 12,000 in 10% Shares of market value Rs. 250 and face value Rs. 10? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Find the total dividend Kabir got when he invested Rs. 12,000 in 10% Shares of market value Rs. 250 and face value Rs. 10?.
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