Mathematics
A company declares 8 percent dividend to the share holders. If a man receives ₹2840 as his dividend, find the nominal value of his shares.
Hint — Let the nominal value of his shares be ₹x, then 8% of ₹x = ₹2840.
Related Questions
Find the dividends received on 60 shares of ₹20 each if 9% dividend is declared.
A man buys 250, ten-rupee shares each at ₹12.50. If the rate of dividend is 7%, find the :
(a) dividend he receives annually.
(b) percentage return on his investment.
Find the market price of 5% ₹100 share when a person gets a dividend of ₹65 by investing ₹1430.
Govind buys 50 shares of face value ₹100 available at ₹132.
(i) What is his investment?
(ii) If the dividend is 7.5% p.a., what will be his annual income?
(iii) If he wants to increase his annual income by ₹150, how many extra shares should he buy?