Mathematics
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.
Related Questions
A lady holds 1800, ₹100 shares of a company that pays 15% dividend annually. Calculate her annual dividend. If she had bought these shares at 40% premium, what percentage return does she get on her investment?
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.
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.
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.