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Calculate the Percentage Income in the Following Investment: - Mathematics

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प्रश्न

Calculate the percentage income in the following investment:

Rs 12,375 in a Rs 75 share paying 4% and available at a discount of Rs 20.

योग

उत्तर

Investment= Rs 12,375 

Nominal value of each share = Rs 7 5 

Market value = Rs (7 5 - Rs 20) = Rs 55 

No. of shares purchased = `12375/55 = 225`

Face value of 225 shares = Rs 75 x 225 = Rs 16,87 5 

Dividend = 4 % 

Therefore, Annual Income = `(4 xx 16875)/100` = Rs 675

Hence, percentage income = `(675 xx 100)/12375 = 5.45 %`

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 4: Shares and Dividends - Exercise 4.1 [पृष्ठ ६१]

APPEARS IN

फ्रैंक Mathematics - Part 2 [English] Class 10 ICSE
अध्याय 4 Shares and Dividends
Exercise 4.1 | Q 3.4 | पृष्ठ ६१

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