Advertisements
Advertisements
Question
Calculate the percentage income in the following investment:
Rs 7,225 paying 12% when a Rs 100 share is available at 15% discount.
Solution
Investment= Rs 7,225
Nominal value of each share =Rs 100
Market value = Rs( 100 - 15 % of Rs 100) = Rs ( 100-15) = Rs 85
No. of shares purchased = `7225/85 = 85`
Face value of 85 shares =Rs 100 x 85 =Rs 8,500
Dividend = 12 %
Therefore, Annual Income = `(12 xx 8500)/100` = Rs 1020
Hence, percentage income
= `(1020 xx 100)/7225 = 140117 % = 14.12 %`
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
How much money will be required to buy 250, Rs 15 shares at a discount of Rs 1.50?
A man invests Rs. 1,680 in buying shares of nominal value Rs. 24 and selling at 12% premium. The dividend on the shares is 15% per annum. Calculate:
- the number of shares he buys;
- the dividend he receives annually.
How much should a man invest in Rs. 100 shares selling at Rs. 85 to obtain an annual income of Rs. 1,800; if the dividend declared is 12%? Also, find the percentage return on this investment.
A main invest Rs. 4500 in shares of a company which is paying 7.5% dividend. If Rs. 100 shares are available at a discount of 10%.
Find :
(i) Number of shares he purchaces.
(ii) His annual income.
A man invests a certain sum in buying 15% Rs. 100 shares at 20% premium. Find:
- his income from one share.
- the number of shares bought to have an income, from the dividend, Rs. 6480.
- sum invested.
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.
By investing Rs. 7500 in a company paying 10 percent dividend, an income of Rs. 500 is received. What price is paid for each Rs.100 share
By selling at Rs. 77, some `2(1)/(4)` % shares of face value Rs. 100, and investing the proceeds in 6% shares of face value Rs. 100, selling at 110, a person increased his income by Rs, 117 per annum. How many shares did he sell?
At what price should a 9% Rs 100 share be quoted when the money is worth 6%?
