A company declares dividend at 10% on equity shares of ₹10 each. On 5,000 shares, dividend amount is: MCQ with Answer and Explanation

Question
A company declares dividend at 10% on equity shares of ₹10 each. On 5,000 shares, dividend amount is:
A. ₹50,000
B. ₹500
C. ₹5,000
D. ₹10,000
Answer: Option C
Solution (By JKSSB Mock Tests)
Dividend = 10% of (5,000 * 10) = 10% of 50,000 = ₹5,000.
This question belongs to: Accountancy and Statistics Accountancy and Book Keeping
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This question belongs to: Accountancy and Statistics Accountancy and Book Keeping
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The 'Section 194R' requires TDS on:
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This question belongs to: Accountancy and Statistics Accountancy and Book Keeping
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