Mathematics
A company with 500 shares of nominal value ₹ 120 declares an annual dividend of 15%. Calculate :
(i) the total amount of dividend paid by the company;
(ii) annual income of Mr. Sharma who holds 80 shares of the company;
If the return percent of Mr. Sharma from his shares is 10%, find the market value of each share.
Related Questions
A man invests ₹ 4,500 in shares of a company which is paying 7.5% dividend. If ₹ 100 shares are available at a discount of 10%, find :
(i) number of shares he purchases;
(ii) his annual income.
Sachin invests ₹ 8,500 in 10%, ₹ 100 shares at ₹ 170. He sells the shares when the price of each share rises by ₹ 30. He invests the proceeds in 12%, ₹100 shares at ₹ 125. Find :
(i) the sale proceeds;
(ii) the number of ₹ 125 shares he buys;
(iii) the change in his annual income.
A man bought ₹200 shares of a company at 25% premium. If he received a return of 5% on his investment. Find the :
(a) market value
(b) dividend percent declared
(c) number of shares purchased, if annual dividend is ₹1,000.
Ms. Kaur invested ₹ 8,000 in buying ₹100 shares of a company paying 6% dividend at ₹ 80. After a year, she sold these shares at ₹75 each and invested the proceeds including the dividend received during the first year in buying ₹ 20 shares, paying 15% dividend at ₹ 27 each. Find the :
(a) dividend received by her during the first year.
(b) number of shares purchased by her using the total proceeds.