BPSC 47th Exam Prelims 2005 Solved Paper

Question : 132 of 150

Marks: +1, -0

The market value of a share of a company with face value of Rs. 10 is Rs. 25. The company declares 10% dividend. The dividend on 1500 shares of the company will be –

Rs. 3,750
Rs. 15,000
Rs. 7,500
Rs. 1,500

Validate

Solution:

From the question,
Market Price = 10
Number of share

=1500

Market value

=1500 × 10=15000

=\;{10 × 15000}/{100}=1500

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