Advertisements
Advertisements
Question
If Jagbeer invest ₹10320 on ₹100 shares at a discount of ₹ 14, then the number of shares he buys is
Options
110
120
130
150
Solution
Investment = ₹ 10320
Face value of each share = ₹ 100
M.V. of each share = ₹ 100 – 14 = ₹ 86
No. of shares = `(10320)/(86)` = 120.
APPEARS IN
RELATED QUESTIONS
A man buys 400, twenty-rupee shares at a discount of 20% and receives a return of 12% on his money. Calculate:
- the amount invested by him.
- the rate of dividend paid by the company.
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.
Divide Rs. 50,760 into two parts such that if one part is invested in 8% Rs. 100 shares at 8% discount and the other in 9% Rs. 100 shares at 8% premium, the annual incomes from both the investments are equal.
Sachin invests Rs. 8500 in 10%, Rs 100 shares at Rs. 170. He sells the shares when the price of each share rises by Rs. 30. He invests the proceeds in 12% Rs. 100 shares at Rs. 125. Find:
(i) the sale proceeds.
(ii) the number of Rs. 125 shares he buys.
(iii) the change in his annual income.
Calculate the investment required to buy:
425 shares of Rs 10 each at a discount of Rs 1.50.
Calculate the annual income of the following:
180 shares of Rs 50 each paying 12% dividend.
Find the market price of 5% share when a person gets a dividend of Rs 65 by investing Rs. 1430.
A man invests Rs. 6750, partly in shares of 6% at Rs. 140 and partly in shares of 5% at Rs. 125. If his total income is Rs. 280, how much has he invested in each?
If a man received ₹ 1080 as dividend from 9% ₹ 20 shares, find the number of shares purchased by him.
By selling at Rs. 92, some 2.5% Rs. 100 shares and investing the proceeds in 5% Rs. 100 shares at Rs. 115, a person increased his annual income by Rs. 90. Find:
(i) the number of shares sold.
(ii) the number of shares purchased.
(iii) the new income.
(iv) the rate percent which he earns on his investment.
