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A Man Invests Rs. 9600 on Rs. 100 Shares at Rs. 80. If the Company Pays Him 18% Dividend Find: (1) the Number of Shares He Buys. (2) His Total Dividend. (3) His Percentage Return on the Shares - Mathematics

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Question

A man invests Rs. 9600 on Rs. 100 shares at Rs. 80. If the company pays him 18%
dividend find:
(1) The number of shares he buys.
(2) His total dividend.
(3) His percentage return on the shares

Solution

1) Market value = Rs. 80

Sum invested = Rs. 9600

Number of shares = 960080=120

2) Nomial value (face value) = Number of shares c face value

= 120 xx Rs 100

= Rs 12000

Annual income = (Dividend)%× Nationalvalue

=18100×12000

= 2160

3) Percantage return  =` "Income"/"Investment" xx 100% = 2160.9600 xx 100% = 22.5%

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2011-2012 (March)

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