Mathematics
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.
Related Questions
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?
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 company with 10,000 shares of ₹ 100 each, declares an annual dividend of 5%.
(i) What is the total amount of dividend paid by the company ?
(ii) What should be the annual income of a man who has 72 shares in the company ?
(iii) If he received only 4% of his investment, find the price he paid for each share.
A lady holds 1800, ₹ 100 shares of a company that pays 15% dividend annually. Calculate her annual dividend. If she had bought these shares at 40% premium, what is the return she gets as percent on her investment?
Give your answer to nearest integer.