Mathematics
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.
Related Questions
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.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.
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.
A man buys shares at the par value of ₹10 yielding 8% dividend at the end of a year. Find the number of shares bought if he receives a dividend of ₹300.