A man holds 800 shares of rupes 100 each of a company paying 7.5% divided semi - annually.
Calculate his annually .

Answer

To calculate the annual dividend for the man holding 800 shares of a company paying a 7.5% dividend semi-annually, follow these steps:

### Step-by-Step Solution:

1. **Identify the number of shares and face value:**
- The man holds **800 shares**.
- The face value of each share is **Rs. 100**.

2. **Determine the semi-annual dividend rate:**
- The company pays a **7.5% dividend semi-annually**.

3. **Calculate the annual dividend rate:**
- Since the dividend is paid semi-annually, to find the annual dividend rate, we multiply the semi-annual rate by 2:
\[ \text{Annual Dividend Rate} = 7.5\% \times 2 = 15\% \]

4. **Calculate the total annual dividend:**
- The total annual dividend can be calculated using the formula:
\[ \text{Annual Dividend} = \left(\text{Annual Dividend Rate}\right) \times \left(\text{Number of Shares}\right) \times \left(\text{Face Value of Each Share}\right) \]
- Substituting the values:
\[ \text{Annual Dividend} = 15\% \times 800 \times 100 \]
- Converting percentage to a decimal:
\[ = \frac{15}{100} \times 800 \times 100 \]
- Simplifying the equation:
\[ = 15 \times 800 = 12000 \]

5. **Final Result:**
- The annual dividend is **Rs. 12,000**.