Mathematics
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.
Related Questions
Mr. Parekh invested ₹52,000 on ₹ 100 shares at a discount of ₹ 20 paying 8% dividend. At the end of one year he sells the shares at a premium of ₹ 20. Find :
(i) the annual dividend.
(ii) the profit earned including his dividend.
Salman buys 50 shares of face value ₹ 100 available at ₹ 132.
(i) What is his investment?
(ii) If the dividend is 7.5%, what will be his annual income ?
(iii) If he wants to increase his annual income by ₹ 150, how many extra shares should he buy?
Salman invests a sum of money in ₹ 50 shares, paying 15% dividend quoted at 20% premium. If his annual dividend is ₹ 600, calculate :
(i) the number of shares he bought.
(ii) his total investment.
(iii) the rate of return on his investment.
How much should a man invest in ₹ 50 shares selling at ₹ 60 to obtain an income of ₹ 450, if the rate of dividend declared is 10%. Also find his yield percent, to the nearest whole number.