Mathematics
Mr. Sharma has 60 shares of N.V. ₹ 100 and sells them when they are at a premium of 60%. He invests the proceeds in shares of nominal value ₹ 50, quoted at 4% discount, and paying 18% dividend annually. Calculate :
(i) the sale proceeds
(ii) the number of shares he buys; and
(iii) his annual dividend from the shares.
Related Questions
A lady holds 1800, ₹ 100 shares of a company that pays 15% dividend annually. Calculate her annual dividend. If she had bought these shares at 40% premium, what is the return she gets as percent on her investment?
Give your answer to nearest integer.
A man invests ₹ 11,200 in a company paying 6 percent per annum when its ₹ 100 shares can be bought for ₹ 140. Find :
(i) his annual dividend
(ii) his percentage return on his investment.
A company with 10,000 shares of nominal value ₹ 100 declares an annual dividend of 8% to the share-holders.
(i) Calculate the total amount of dividend paid by the company.
(ii) Ramesh had bought 90 shares of the company at ₹ 150 per share. Calculate dividend he receives and percentage return on his investment.
Which is better investment : 16% of ₹ 100 shares at 80 or 20% ₹ 100 shares at 120?