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A man buys 400 of ₹ 10 shares at a premium of ₹ 2.50 on each share. If the rate of dividend is 12%, then find his investment annual dividend received by him rate of interest received by him on his - Business Mathematics and Statistics

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प्रश्न

A man buys 400 of ₹ 10 shares at a premium of ₹ 2.50 on each share. If the rate of dividend is 12%, then find

  1. his investment
  2. annual dividend received by him
  3. rate of interest received by him on his money
योग

उत्तर

i. Given Number of shares = 400

Face value of a share ₹ 10 market values of a share = 10 + 2.50 = ₹ 12.50

Investment = Number of shares × Market value of a share

= ₹ 400 × 12.50

= ₹ 5000

ii. Annual dividend = Number of shares × Face value × Rate of dividend

= 400 × 10 × 12100

= ₹ 480

iii. Rate of dividend = `"Dividend"/"Investment" xx 100`

= `480/5000 xx 100`

= `48/5`

= 9.6%

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अध्याय 7: Financial Mathematics - Exercise 7.2 [पृष्ठ १७१]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 11 TN Board
अध्याय 7 Financial Mathematics
Exercise 7.2 | Q 5 | पृष्ठ १७१

संबंधित प्रश्न

Mohan invested ₹ 29,040 in 15% of ₹ 100 shares of a company quoted at a premium of 20%. Calculate

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