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
If Kiran invests ₹ 19,200 on ₹ 50 shares at a premium of 20%, then the number of shares she buys is :
640
160
320
240
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
₹ 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%
₹ 40 shares of a company are selling at 25% premium. If Mr. Wasim wants to buy 280 shares of the company, then the investment required by him is :
₹ 14,000
₹ 16,800
₹ 8,400
₹ 10,000