The dividend received on 200 shares of Face Value $\text{\rupee}\,100$ at 8% stock is : (a) $\text{\rupee}\,1500$ (b) $\text{\rupee}\,1600$ (c) $\text{\rupee}\,800$ (d) $\text{\rupee}\,1000$

The dividend received on 200 shares of Face Value rupee100 at 8% stock is : (a) rupee1500 (b) rupee1600 (c) ru

Question 25 of 30

\text{\text{₹}}\,100

(a)

\text{\text{₹}}\,1500

(b)

\text{\text{₹}}\,1600

(c)

\text{\text{₹}}\,800

(d)

\text{\text{₹}}\,1000

Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2024MCQ· 1mImportance★★★★★

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The dividend on 200 shares of face value ₹100 at 8% is ₹1600.

Dividend is always reckoned on the face (nominal) value of the shares, not on the market price.