If the face value of share is Rs. 100 when market value was Rs. 90. Company declared 20% dividend. The dividend per share is ______.

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If the face value of share is Rs. 100 when market value was Rs. 90. Company declared 20% dividend. The dividend per share is Rs. 20. Explanation: Dividend is calculated on the face (par) value. 20% of Rs. 100 = 100 $\times$ 20% = Rs. 20 per share, so market price Rs. 90 is irrelevant.

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