A person has 560 shares of a company. The face value of each share is ₹ 25 and company declares a dividend of 9%. The dividend that person will get is ______.

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A person has 560 shares of a company. The face value of each share is ₹ 25 and company declares a dividend of 9%. The dividend that person will get is ₹ 1260. Explanation: Given: Number of shares = 560 Face value per share = ₹ 25 Dividend rate = 9% Dividend per share = 9% of ₹ 25 $\frac{9}{100}$xx25 = ₹ 2.25 Total dividend = 560 $\times$ ₹ 2.25 = ₹ 1260

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