Mathematics
A man invests ₹ 10560 in a company, paying 9% dividend, at the time when its ₹ 100 shares can be bought at a premium of ₹ 32. Find :
(i) the number of shares bought by him;
(ii) his annual income from these shares and
(iii) the rate of return on his investment.
Related Questions
By investing ₹ 10,000 in the shares of a company, a man gets an income of ₹ 800; the dividend being 10%. If the face-value of each share is ₹ 100, find :
(i) the market value of each share.
(ii) the rate percent which the person earns on his investment.
A man holds 800 shares of ₹ 100 each of a company paying 7.5% dividend semi-annually.
(i) Calculate his annual dividend.
(ii) If he had bought these shares at 40% premium, what percentage return does he get on his investment ?
Find the market value of 12% ₹ 25 shares of a company which pays a dividend of ₹ 1875 on an investment of ₹ 20000.
A man invests ₹ 20,020 in buying shares of N.V. ₹ 26 at 10% premium. The dividend on the shares is 15% per annum. Calculate :
(i) the number of shares he buys.
(ii) the dividend he receives annually.
(iii) the rate of interest he gets on his money.