Mathematics
A company declares a dividend of 11.2% to all its share-holders. If its ₹ 60 share is available in the market at a premium of 25%, how much should Rakesh invest, in buying the shares of this company, in order to have an annual income of ₹ 1,680?
Related Questions
A company declares 8 percent dividend to the share holders. If a man receives ₹ 2,840 as his dividend, find the nominal value of his shares.
How much should a man invest in ₹ 100 shares selling at ₹ 110 to obtain an annual income of ₹ 1,680, if the dividend declared is 12% ?
A man buys 400, twenty-rupee shares at a premium of ₹ 4 each and receives a dividend of 12%. Find :
(i) the amount invested by him
(ii) his total income from the shares
(iii) percentage return on his money.
A man buys 400, twenty-rupee shares at a discount of 20% and receives a return of 12% on his money. Calculate :
(i) the amount invested by him
(ii) the rate of dividend paid by the company.