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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

If a man received a total dividend of ₹ 25,000 at 10% dividend rate on a stock of face value ₹ 100, then the number of shares purchased. - Business Mathematics and Statistics

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Question

If a man received a total dividend of ₹ 25,000 at 10% dividend rate on a stock of face value ₹ 100, then the number of shares purchased.

Options

  • 3500

  • 4500

  • 2500

  • 300

MCQ

Solution

2500

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Stocks, Shares, Debentures and Brokerage
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Chapter 7: Financial Mathematics - Exercise 7.3 [Page 172]

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Samacheer Kalvi Business Mathematics and Statistics [English] Class 11 TN Board
Chapter 7 Financial Mathematics
Exercise 7.3 | Q 4 | Page 172

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