regmichhetrig regmichhetrig

17-05-2023
Mathematics

Answered

There are 6,00,000 shares of Rs. 100 each in a bank. Virochan has 1,580 shares in that bank. The bank makes a net profit of Rs. 40,00,00,000 in a year and it distributes 15% of the profit to the shareholders.
(a) Why is dividend different from bonus? Give reason.
(b) How much dividend did it distribute to all the employees? Find it.
(c) What percent of the total profit is distributed as dividend ?

Answer :

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