Mathematics
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.
Related Questions
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.
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.
Ajay owns 560 shares of a company. The face value of each share is ₹25. The company declares a dividend 0f 9%. Calculate:
(i) the dividend that Ajay will get
(ii) the rate of interest, on his investment, if Ajay has paid ₹30 for each share.
A company with 10000 shares of nominal value of ₹100 declares an annual dividend of 8% to the share holders.
(i) Calculate the total amount of dividend paid by the company
(ii) Ramesh bought 90 shares of the company at ₹150 per share.
Calculate the dividend he received and the percentage return on his investment.