Mathematics
A man buys shares at the par value of ₹10 yielding 8% dividend at the end of a year. Find the number of shares bought if he receives a dividend of ₹300.
Related Questions
Amit invests ₹36000 in buying ₹100 shares at ₹20 premium. The dividend is 15% per annum. Find:
(i) the number of shares he buys
(ii) his yearly dividend
(iii) the percentage return on his investment.
Mr. Gupta invested ₹33000 in buying ₹100 shares of a company at 10% premium. The dividend declared by the company is 12%.
Find:
(a) the number of shares purchased by him.
(b) his annual dividend.
A man invests ₹8800 on buying shares of face value of rupees hundred each at a premium of 10%. If he earns ₹1200 at the end of year as dividend, find:
(i) the number of shares he has in this company
(ii) the dividend percentage per share.
A man invested ₹45000 in 15% ₹100 shares quoted at ₹125. When the market value of these shares rose to ₹140, he sold some shares, just enough to raise ₹8400. Calculate:
(i) The number of shares he still holds.
(ii) The dividend due to him on these shares.