Mathematics
Vivek invests ₹ 4,500 in 8%, ₹ 10 shares at ₹ 15. He sells the shares when the price rises to ₹ 30, and invests the proceeds in 12% ₹ 100 shares at ₹ 125. Calculate :
(i) the sale proceeds
(ii) the number of ₹ 125 shares he buys
(iii) the change in his annual income from dividend.
Related Questions
A dividend of 12% was declared on ₹ 150 shares selling at a certain price. If the rate of return is 10%, calculate :
(i) the market value of the shares.
(ii) the amount to be invested to obtain an annual dividend of ₹ 1,350.
Divide ₹50,760 into two parts such that if one part is invested in 8% ₹ 100 shares at 8% discount and the other in 9% ₹ 100 shares at 8% premium, the annual incomes from both the investments are equal.
Mr. Parekh invested ₹52,000 on ₹ 100 shares at a discount of ₹ 20 paying 8% dividend. At the end of one year he sells the shares at a premium of ₹ 20. Find :
(i) the annual dividend.
(ii) the profit earned including his dividend.
Salman buys 50 shares of face value ₹ 100 available at ₹ 132.
(i) What is his investment?
(ii) If the dividend is 7.5%, what will be his annual income ?
(iii) If he wants to increase his annual income by ₹ 150, how many extra shares should he buy?