Kapil bought two hundred 10% preference shares of ABC Ltd in the year 2017. The face value of each share is ₹100 . He did not receive any dividend on them during the year 2017 due to insufficient profits of the company . In the year 2018 , the company made surplus profits. Calculate the amount of dividend payable to him in the year 2018 assuming he is holding a) cumulative preference shares , b) non - cumulative preference shares
