 Hello and welcome to the session. In this session we will discuss the following question and the question says Andrew invested 10,836 dollars in buying the shares of the company at 17 dollars each. If the face value of each share is 10 dollars and the company paid 15 percent dividend at the end of the year, find the dividend earned by him. Let's start the solution now. We have given that the market value of each share is 17 dollars. So market value of one share is equal to 17 dollars. Also we have given that total money invested by Andrew is 10,846 dollars. So total money invested is equal to 10,846 dollars. Therefore number of shares that is equal to the total money invested that is 10,836 dollars upon market value of one share that is 17 dollars. Now 17,638 times is 10,836. So this is equal to 638. We have also given that face value of each share is 10 dollars. So face value of 638 shares is equal to 638 into face value of one share that is 10 dollars. This is equal to 6388 dollars. Now the company paid 15 percent dividend at the end of the year. So rate of dividend by the company is equal to 15 percent. Therefore dividend received by Andrew is equal to 15 percent. The face value of all the shares that is 6388 dollars. This is equal to 15 upon 100 into 6388 dollars. Zero and zero gets cancelled. Now five three times is 15 and two times is 10. Also two 319 times is 638. This is equal to 957 dollars. So the dividend earned by him is equal to 957 dollars. This is the final answer. With this we end our session. Hope you enjoyed the session.