Calculate the amount of Dividend paid during the year 2022 from the following information: Balance of Proposed Dividend as on 31st March, 2021 was  Rs40,000 and on 31st March, 2022  Rs60,000. Interim Dividend was paid @20% on share capital. Share capital was  Rs4,00,000.  ( – Answer & Explanation | CUET Subject PYQ – Dubuddy

Calculate the amount of Dividend paid during the year 2022 from the following information: Balance of Proposed Dividend as on 31st March, 2021 was  Rs40,000 and on 31st March, 2022  Rs60,000. Interim Dividend was paid @20% on share capital. Share capital was  Rs4,00,000.  (

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A
Rs1,40,000 
B
 Rs1,20,000 
C
 Rs1,40,000 
D
 Rs1,00,000
Correct answer

Correct Answer

 Rs1,20,000 
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