Mathematics
A man invests ₹ 8,800 on buying shares of face value ₹ 100 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 percentage per share.
Related Questions
Ajay owns 560 shares of a company. The face value of each share is ₹ 25. The company declares a dividend of 9%. Calculate :
(i) The dividend that Ajay will get;
(ii) The rate of interest on his investment, if Ajay had paid ₹ 30 for each share.
Mohan Lal invested ₹ 29,040 in 15%, ₹ 100 shares of a company quoted at a premium of 20%. Calculate :
(i) the number of shares bought by Mohan Lal;
(ii) his annual income from shares;
(iii) the percentage return on his investment.
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.