Mathematics
A man wants to buy 600 shares available at ₹ 125 having the par value ₹ 100.
(i) How much does he invest?
(ii) If the dividend is 8% per annum, what will be his annual income?
(iii) If he wants to increase his annual income by ₹ 800, how many extra shares should he buy?
Related Questions
Find the market value of:
(i) 350, ₹ 100 shares at a premium of ₹ 8.
(ii) 240, ₹ 50 shares at a discount of ₹ 5.
Find the annual income from 450, ₹ 25 shares, paying 12% dividend.
A man invests ₹ 22,500 in ₹ 50 shares available at 10% discount. If the dividend paid by the company is 12%, calculate :
(i) the number of shares purchased;
(ii) the annual dividend received;
(iii) the rate of return he gets on his investment.
Find the market price of 12%, ₹ 25 shares of a company which pays a dividend of ₹ 1,875 on an investment of ₹ 20,000.