Mathematics
If a man received ₹1080 as dividend from 9% ₹20 shares, find the number of shares purchased by him.
Related Questions
Quotation of the share of a company is as follows "10% ₹ 120 shares at ₹ 1200".
Assertion (A): The company is in profit.
Reason (R): The above share is at premium.
Assertion (A) is true, but Reason (R) is false.
Assertion (A) is false, but Reason (R) is true.
Both Assertion (A) and Reason (R) are correct, and Reason (R) is the correct reason for Assertion (A).
Both Assertion (A) and Reason (R) are correct, and Reason (R) is incorrect reason for Assertion (A).
A man purchases 1200 shares of a company of face value ₹ 50 at a discount of ₹ 10.
Assertion (A): His total investment is ₹ 60,000.
Reason (R): The market value of each share is ₹ 40.
Assertion (A) is true, but Reason (R) is false.
Assertion (A) is false, but Reason (R) is true.
Both Assertion (A) and Reason (R) are correct, and Reason (R) is the correct reason for Assertion (A).
Both Assertion (A) and Reason (R) are correct, and Reason (R) is incorrect reason for Assertion (A).
Find the percentage interest on capital invested in 18% shares when a ₹10 share costs ₹12.
Mahesh Kulkarni invests ₹10000 in 10% ₹100 shares of a company. If his annual dividend is ₹800, find :
(i) the market value of each share.
(ii) the rate percent which he earns on his investment.