Mathematics
A man invests ₹ 24,000 on ₹ 60 shares at a discount of 20%. If the dividend declared by the company is 10%, then his annual income is :
₹ 2,880
₹ 1,500
₹ 3,000
None of these
Related Questions
The sum invested to purchase 15 shares of a company of nominal value ₹ 75 available at a discount of 20% is:
₹ 60
₹ 90
₹ 1350
₹ 900
Varun possesses 600 shares of ₹ 25 of a company. If the company announces a dividend of 8%, then his annual income is:
₹ 600
₹ 1,200
₹ 480
₹ 120
Amit invested a certain sum of money in ₹ 100 shares, paying a 7.5% dividend. The rate of return on his investment is 10%. The money invested by Amit to purchase 10 shares is :
₹ 250
₹ 750
₹ 900
₹ 1100
₹ 25 shares of a company are selling at ₹ 20. If the company is paying a dividend of 12%, then the rate of return is :
10%
18%
15%
12%