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Mathematics

The number of ₹ 25 shares, paying 24% dividend, with total dividend ₹ 1,350 is :

  1. 125

  2. 27

  3. 225

  4. 200

Shares & Dividends

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Answer

Given,

Dividend = ₹ 1350

N.V. of share = ₹ 25

Rate of dividend = 24%

Let no. of shares be n.

By formula,

Dividend = No. of shares × Rate of dividend × N.V. of share

Substituting values we get :

⇒1350=n×24%×25⇒1350=n×24100×25⇒n=1350×10024×25⇒n=13506=225.\Rightarrow 1350 = n \times 24\% \times 25 \\[1em] \Rightarrow 1350 = n \times \dfrac{24}{100} \times 25 \\[1em] \Rightarrow n = \dfrac{1350 \times 100}{24 \times 25} \\[1em] \Rightarrow n = \dfrac{1350}{6} = 225.

Hence, Option 3 is the correct option.

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