Mathematics
Mahesh Kulkarni invests ₹10000 in 10% ₹100 shares of a company. If his annual dividend is ₹800, find :
(i) the market value of each share.
(ii) the rate percent which he earns on his investment.
Related Questions
If a man received ₹1080 as dividend from 9% ₹20 shares, find the number of shares purchased by him.
Find the percentage interest on capital invested in 18% shares when a ₹10 share costs ₹12.
At what price should a 9% ₹100 share be quoted when the money is worth 6%?
By selling at ₹92, some 2.5% ₹100 shares and investing the proceeds in 5% ₹100 shares at ₹115, a person increased his annual income by ₹90. Find:
(i) the number of shares sold.
(ii) the number of shares purchased.
(iii) the new income.
(iv) the rate percent which he earns on his investment.