₹ 25 shares of a company are selling at ₹ 20. If the company is paying a dividend of 12%, then the rate of return is :

1. 10%

2. 18%

3. 15%

4. 12%

₹ 40 shares of a company are selling at 25% premium. If Mr. Wasim wants to buy 280 shares of the company, then the investment required by him is :

1. ₹ 14,000

2. ₹ 16,800

3. ₹ 8,400

4. ₹ 10,000

Assertion (A): Income of a shareholder is directly proportional to the number of shares he buys.

Reason (R): Income of a shareholder = $\text{Face value} \times \dfrac{ \text{No. of shares} \times \text{Rate of dividend}}{100}$

1. A is true, R is false

2. A is false, R is true

3. Both A and R are true

4. Both A and R are false

Assertion (A): Investing in 12% of the ₹ 100 shares at ₹ 150 means, an investment of ₹ 100 gives an annual income of ₹ 12.

Reason (R): Annual income of an investor depends upon the face value of the share.

1. A is true, R is false

2. A is false, R is true

3. Both A and R are true

4. Both A and R are false