Mathematics
A man invests ₹ 3,072 in a company paying 5% per annum, when its ₹ 10 share can be bought for ₹ 16 each. Find :
(i) his annual income
(ii) his percentage income on his investment.
Related Questions
How much money will be required to buy 250, ₹ 15 shares at a discount of ₹ 1.50 ?
Find the annual income derived from 125, ₹ 120 shares paying 5% dividend.
A man invests ₹ 7,770 in a company paying 5 percent dividend when a share of nominal value of ₹ 100 sells at a premium of ₹ 5. Find :
(i) the number of shares bought;
(ii) annual income;
(iii) percentage income.
A man buys ₹ 50 shares of a company, paying 12 percent dividend, at a premium of ₹ 10. Find :
(i) the market value of 320 shares;
(ii) his annual income;
(iii) his profit percent.