Mathematics
A man invests ₹ 4,500 in shares of a company which is paying 7.5% dividend. If ₹ 100 shares are available at a discount of 10%, find :
(i) number of shares he purchases;
(ii) his annual income.
Related Questions
How much should a man invest in ₹ 50 shares selling at ₹ 60 to obtain an income of ₹ 450, if the rate of dividend declared is 10% ? Also, find his yield percent, to the nearest whole number.
By investing ₹ 11,440 in a company paying 10% dividend, an annual income of ₹ 520 is received. What is the market value of each ₹ 50 share?
Sachin invests ₹ 8,500 in 10%, ₹ 100 shares at ₹ 170. He sells the shares when the price of each share rises by ₹ 30. He invests the proceeds in 12%, ₹100 shares at ₹ 125. Find :
(i) the sale proceeds;
(ii) the number of ₹ 125 shares he buys;
(iii) the change in his annual income.
A company with 500 shares of nominal value ₹ 120 declares an annual dividend of 15%. Calculate :
(i) the total amount of dividend paid by the company;
(ii) annual income of Mr. Sharma who holds 80 shares of the company;
If the return percent of Mr. Sharma from his shares is 10%, find the market value of each share.