Same chapter3 marksDifficulty: Easy
Find the market value of a ₹100 share that is quoted at a premium of 20%.
Shares and Dividends
1 markDifficulty: Easy
The dividend on a share is calculated on its:
- amarket value
- bnominal value
- cpremium
- ddiscount
Original Khojo Papers practice question — not from a past board paper.
Answer
nominal value
No citable source has been recorded for this record. Treat it as practice material, not as fact.
Explanation
The dividend rate is applied to the face value of the share, whatever price the share is changing hands at.
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