Mathematics
A man invests ₹4500 in shares of a company which is paying 7.5% dividend. If ₹100 shares are available at a discount of 10%, find
(i) the number of shares he purchases.
(ii) his annual income.
Related Questions
What sum should a person invest in ₹25 shares, selling at ₹36, obtain an income of ₹720, if the dividend declared is 12%? Also find the percentage return on his income.
Ashok invests ₹26400 on 12% ₹25 shares of a company. If he receives a dividend of ₹2475, find:
(i) the number of shares he bought.
(ii) the market value of each share.Amit invests ₹36000 in buying ₹100 shares at ₹20 premium. The dividend is 15% per annum. Find:
(i) the number of shares he buys
(ii) his yearly dividend
(iii) the percentage return on his investment.
Mr. Gupta invested ₹33000 in buying ₹100 shares of a company at 10% premium. The dividend declared by the company is 12%.
Find:
(a) the number of shares purchased by him.
(b) his annual dividend.