Mathematics
A man buys 400, ₹ 10 shares at a premium of ₹ 2.50 per share. If the rate of dividend is 12%, find :
(i) his investment;
(ii) annual dividend received by him;
(iii) the rate of interest received by him on his money.
Related Questions
A man invests a sum of money in ₹ 100 shares, paying 10% dividend and quoted at 20% premium. If his annual dividend from these shares is ₹ 560, calculate :
(i) his total investment,
(ii) the rate of return on his investment.
A man invests a sum of money in ₹ 25 shares, paying 12% dividend and quoted at ₹ 36. If his annual income from these shares is ₹ 720, calculate :
(i) his total investment,
(ii) the number of shares bought by him,
(iii) the percentage return on his investment.
Divide ₹ 35,400 into two parts such that if one part is invested in 9%, ₹ 100 shares at 4% discount, and the other in 12%, ₹ 50 shares at 8% premium, the annual incomes from both investments are equal.
Divide ₹ 50,760 into two parts such that if one part is invested in 8%, ₹ 100 shares at 8% discount and the other in 9%, ₹ 100 shares at 8% premium, the annual incomes from both the investments are equal.