Mathematics
A company with 4000 shares of nominal value of ₹110 declares annual dividend of 15%. Calculate :
(i) the total amount of dividend paid by the company,
(ii) the annual income of Shah Rukh who holds 88 shares in the company.
(iii) if he received only 10% on his investment, find the price Shah Rukh paid for each share.
Related Questions
A man buys ₹40 shares of a company which pays 10% dividend. He buys the shares at such a price that his profit is 16% on his investment. At what price did he buy each share?
A person invested 20%, 30% and 25% of his savings in buying shares at par values of three different companies A, B and C which declare dividends of 10%, 12% and 15% respectively. If his total income on account of dividends be ₹4675, find his savings and the amount which he invested in buying shares of each company.
Virat and Dhoni invest ₹36000 each in buying shares of two companies. Virat buys 15% ₹40 shares at a discount of 20%, while Dhoni buys ₹75 shares at a premium of 20%. If both receive equal dividends at the end of the year, find the rate percent of the dividend declared by Dhoni's company.
A man invests ₹ 36,000 in 15% ₹ 100 shares at ₹ 120, when the market value of this shares rose to ₹ 200, he sold some shares to purchase a laptop worth ₹ 40,000. Calculate :
(i) the number of shares he still holds
(ii) the dividend he will get on these remaining shares.