Annual Income =

1. Number of shares × Face Value

2. Number of shares × rate of dividend × Face value of 1 share

3. Number of shares × Market value × Face value

4. MV × NV × 100

A man invested in a company paying 12% dividend on its share. If the percentage return on his investment is 10%, then the shares are:

1. at par

2. below par

3. above par

4. cannot be determined

If Kabir invests ₹ 10,320 on ₹ 100 shares at a discount of ₹ 14, then the number of shares he buys is :

1. 110

2. 120

3. 150

4. 100

Shahrukh has some shares of ₹ 50 of a company paying 15% dividend. If his annual income is ₹ 3,000, then the number of shares he possesses is :

1. 400

2. 600

3. 800

4. 200