A company declares 8 percent dividend to the share holders. If a man receives ₹2840 as his dividend, find the nominal value of his shares.

Hint — Let the nominal value of his shares be ₹x, then 8% of ₹x = ₹2840.

A man buys 250, ten-rupee shares each at ₹12.50. If the rate of dividend is 7%, find the :

(a) dividend he receives annually.

(b) percentage return on his investment.

Find the market price of 5% ₹100 share when a person gets a dividend of ₹65 by investing ₹1430.

Govind buys 50 shares of face value ₹100 available at ₹132.

(i) What is his investment?

(ii) If the dividend is 7.5% p.a., what will be his annual income?

(iii) If he wants to increase his annual income by ₹150, how many extra shares should he buy?