Mathematics
A man invests ₹24000 on ₹60 shares at a discount of 20%. If the dividend declared by the company is 10%, then his annual income is
- ₹3000
- ₹2880
- ₹1500
- ₹1440
Related Questions
₹40 shares of a company are selling at 25% premium. If Mr. Jacob wants to buy 280 shares of the company, then the investment required by him is
- ₹11200
- ₹14000
- ₹16800
- ₹8400
Arun possesses 600 shares of ₹25 of a company. If the company announces a dividend of 8%, then Arun's annual income is
- ₹48
- ₹480
- ₹600
- ₹1200
Salman has some shares of ₹50 of a company paying 15% dividend. If his annual income is ₹3000, then the number of shares he possesses is
- 80
- 400
- 600
- 800
(i) Shares of company A, paying 12%, ₹ 100 shares are at ₹ 80.
(ii) Shares of company B, paying 12%, ₹ 100 shares are at ₹ 100.
(iii) Shares of company C, paying 12%, ₹ 100 shares are at ₹ 120.
Shares of which company are at premium ?
Company A
Company B
Company C
Company A and C