Question
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.Solution
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 = 355×100 = 35,500
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