A man invests ₹ 3,360 in buying shares of nominal value ₹ 24 and selling at 12% premium. The dividend on the shares is 15% per annum. Calculate:

(i) the number of shares he buys;

(ii) the dividend he receives annually.

By investing ₹ 7,500 in a company paying 10 percent dividend, an annual income of ₹ 500 is received. What price is paid for each of ₹ 100 share ?

₹ 600 shares of a company are available at a discount of 20%. If the company pays a dividend of 20%, the rate of return is :

1. 16%

2. 25%

3. 10%

4. 12.5%

100 shares at par value of ₹ 120 each, give 10% half-yearly dividend. The annual dividend from these shares is :

1. ₹ 7200

2. ₹ 2400

3. ₹ 1200

4. ₹ 10800