Advertisements
Advertisements
Question
By investing Rs. 45,000 in 10% Rs. 100 shares, Sharad gets Rs. 3,000 as dividend. Find the market value of each share.
Solution
Annual income from 1 share = 10% of Rs. 100 = Rs. 10
Total annual income = Rs. 3,000
∴ Number of shares bought
=`"Total annual income"/"Annual income from 1 share"`
= `3000/10`
= 300
⇒ Market value of one share
= `"Total investment"/"Number of shares"`
= `45000/300`
= Rs. 150
APPEARS IN
RELATED QUESTIONS
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
By investing Rs. 7,500 in a company paying 10 percent dividend, an annual income of Rs. 500 is received. What price is paid for each of Rs. 100 share?
A man sold 400 (Rs. 20) shares of a company paying 5% at Rs. 18 and invested the proceeds in (Rs. 10) shares of another company paying 7% at Rs. 12. How many (Rs. 10) shares did he buy and what was the change in his income?
Mr.Tiwari. invested Rs. 29,040 in 15% Rs. 100 shares quoted at a premium of 20%. Calculate:
- the number of shares bought by Mr Tiwari.
- Mr. Tiwari’s income from the investment.
- the percentage return on his investment.
A man bought Rs. 40 shares at a premium of 40%. Find his income, if he invests Rs. 14,000 in these shares and receives a dividend at the rate of 8% on the face value of the shares.
Calculate the investment required to buy:
116 shares of Rs 125 each at par.
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.
Rohit invested Rs. 9,600 on Rs. 100 shares at Rs. 20 premium paying 8% dividend. Rohit sold the shares when the price rose to Rs. 160. He invested the proceeds (excluding dividend) in 10% Rs. 50 shares at Rs. 40. Find the:
- original number of shares.
- sale proceeds.
- new number of shares.
- change in the two dividends.
At what price should a 9% Rs 100 share be quoted when the money is worth 6%?
100, ₹ 100 shares (paying 10% dividend) are bought at a discount of ₹ 20 and another 100, ₹ 100 shares (paying 10% dividend) are bought at ₹ 120. The total dividend earned is ______.
