Question 36
EasyOriginal questionAn investor buys 50 shares at ₹240 each. During the year the company pays a dividend of ₹6 a share, and at the end of the year the investor sells all 50 shares at ₹252 each.
How much does the investor receive in dividends on the 50 shares?
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
₹6 on each of 50 shares.
rupees.
Worth noting
₹600 is the gain from the rise in price.
- Concept
- Dividend income
- Typical timeTypical
- 90 s
- Your timeYours
- —
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