Mathematics
A man invests a certain sum in buying 15% ₹ 100 shares at 20% premium. Find :
(i) his income from one share
(ii) the number of shares bought to have an income, from the dividend, ₹ 6,480.
(iii) sum invested.
Related Questions
By investing ₹ 45,000 in 10% ₹ 100 shares, Sharad gets ₹ 3,000 as dividend. Find the market value of share.
Mrs. Kulkarni invests ₹ 1,31,040 in buying ₹ 100 shares at a discount of 9%. She sells shares worth ₹ 72,000 at a premium of 10% and the rest at a discount of 5%. Find her total gain or loss on the whole.
Ashwarya bought 496, ₹ 100 shares at ₹ 132 each. Find :
(i) investment made by her.
(ii) income of Ashwarya from these shares, if rate of dividend is 7.5%
(iii) how much extra must Ashwarya invest in order to increase her income by ₹ 7,200?
Gopal has some ₹ 100 shares of company A, paying 10% dividend. He sells a certain number of these shares at a discount of 20% and invests the proceeds in ₹ 100 shares at ₹ 60 of company B paying 20% dividend. If his income, from the shares sold, increases by ₹ 18,000, find the number of shares sold by Gopal.