Ashus Beauty World ' has issued 60,000 shares of par value of Rs. 10/- each. The company declared a total dividend of Rs. 72,000 /- . Find the rate of dividend paid by the company.?

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Ashus Beauty World ' has issued 60,000 shares of par value of Rs. 10/- each. The company declared a total dividend of Rs. 72,000 /- . Find the rate of dividend paid by the company.?

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Ashus Beauty World ' has issued 60,000 shares of par value of Rs. 10/-...

Calculation of Rate of Dividend

To calculate the rate of dividend paid by the company, we need to consider the total dividend declared and the number of shares issued by the company.

Given:
- Par value of each share = Rs. 10/-
- Number of shares issued = 60,000
- Total dividend declared = Rs. 72,000/-

Step 1: Calculate the total value of shares

The total value of shares can be calculated by multiplying the par value of each share by the number of shares issued.

Total value of shares = Par value of each share x Number of shares issued
= Rs. 10/- x 60,000
= Rs. 6,00,000/-

Step 2: Calculate the rate of dividend

The rate of dividend is calculated by dividing the total dividend declared by the total value of shares and then multiplying by 100.

Rate of dividend = (Total dividend declared / Total value of shares) x 100
= (Rs. 72,000 / Rs. 6,00,000) x 100
= (0.12) x 100
= 12%

Answer:
The rate of dividend paid by the company is 12%.

Community Answer

Ashus Beauty World ' has issued 60,000 shares of par value of Rs. 10/-...

Face value of 60,000 shares = 60,000 x 10 = 6,00,000
Rate of Dividend = Total Dividend
Face value of 60,000 share
x100
=
72000
600000
x 100 = 12
 The rate of dividend paid by the company is 12%

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Ashus Beauty World ' has issued 60,000 shares of par value of Rs. 10/- each. The company declared a total dividend of Rs. 72,000 /- . Find the rate of dividend paid by the company.?

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Ashus Beauty World ' has issued 60,000 shares of par value of Rs. 10/- each. The company declared a total dividend of Rs. 72,000 /- . Find the rate of dividend paid by the company.? 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 Ashus Beauty World ' has issued 60,000 shares of par value of Rs. 10/- each. The company declared a total dividend of Rs. 72,000 /- . Find the rate of dividend paid by the company.? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ashus Beauty World ' has issued 60,000 shares of par value of Rs. 10/- each. The company declared a total dividend of Rs. 72,000 /- . Find the rate of dividend paid by the company.?.

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