Answer-A company declares 8 percent dividend to the shareholders. If a man receives Rs. 2,840 as his divide...

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Given Data Dividend   8 Total dividend received  Rs. 2,840 Nominal value per share  Rs. 100 Number of shares  x Use the Formula  So, total Nominal Value Nominal Value  355100  35,500

A company declares 8 percent dividend to the shareholders. If a man receives Rs. 2,840 as his dividend, find the nominal value of his shares.

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