Mathematics
A man invests ₹ 3,360 in buying shares of nominal value ₹ 24 and selling at 12% premium. The dividend on the shares is 15% per annum. Calculate:
(i) the number of shares he buys;
(ii) the dividend he receives annually.
Related Questions
A man buys ₹ 50 shares of a company, paying 12 percent dividend, at a premium of ₹ 10. Find :
(i) the market value of 320 shares;
(ii) his annual income;
(iii) his profit percent.
A man invests ₹ 8,800 in buying shares of a company of face value of rupees hundred each at a premium of 10 %. If he earns ₹ 1,200 at the end of the year as dividend, find :
(i) the number of shares he has in the company.
(ii) the dividend percent per share.
By investing ₹ 7,500 in a company paying 10 percent dividend, an annual income of ₹ 500 is received. What price is paid for each of ₹ 100 share ?
The number of ₹ 25 shares, paying 24% dividend, with total dividend ₹ 1,350 is :
125
27
225
200