Advertisements
Advertisements
Question
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.
Solution
Total investment = Rs. 29,040
Nominal value of 1 share = Rs. 100
Market value of 1 share = Rs. 100 + 20% of Rs. 100
= Rs. 100 + Rs. 20
= Rs. 120
∴ No of shares purchsed = `29040/120` = 242 shares
Nominal value of 242 shares = Rs. 100 × 242 = Rs. 24,200
Dividend% = 15%
Dividend = 15% of Rs. 24,200
= `15/100 xx 24200`
= Rs. 3,630
Income% = `"Income"/"Investment" xx 100%`
= `3630/29040 xx 100%`
= 12.5%
APPEARS IN
RELATED QUESTIONS
A man invests a certain sum on buying 15% Rs 100 shares at 20% premium. Find :
(1) His income from one share
(2) The number of shares bought to have an income, from the dividend, Rs 6480
(3) Sum invested
Vivek invests Rs. 4,500 in 8% Rs. 10 shares at Rs. 15. He sells the shares when the price rises to Rs. 30 and invests the proceeds in 12% Rs. 100 shares at Rs. 125. Calculate:
- the sale proceeds
- the number of Rs. 125 shares he buys.
- the change in his annual income from the dividend.
A sum of rupees 11,880 is invested in Rs. 50 shares available at 12% discount. Find the income, if a dividend of 12% is given on the shares
How much money will be required to buy 400, Rs.12.50 shares at a premium of Rs.1?
Find the annual income derived from 125, Rs. 120 shares paying 5% dividend.
A man invests a certain sum of money in 6% hundred-rupee shares at Rs. 12 premium. When the shares fell to Rs. 96, he sold out all the shares bought and invested the proceed in 10%, ten-rupee shares at Rs. 8. If the change in his income is Rs. 540, find the sum invested originally.
Amit Kumar invests Rs 36,000 in buying Rs 100 shares at Rs 20 premium. The dividend is 15% per annum. Find :
(i) The number of shares he buys
(ii) His yearly dividend
(iii) The percentage return on his investment.
Give your answer correct to the nearest whole number.
Mr. Tiwari invested Rs 29,040 in 15% Rs 100 shares at a premium of 20%. Calculate:
(i) The number of shares bought by Mr. Tiwari.
(ii) Mr. Tiwari’s income from the investment.
(iii) The percentage return on his investment.
Rohit Kulkami invests Rs 10000 in 10% Rs 100 shares of a company. If his annual dividend is Rs 800, find :
(i) The market value of each share.
(ii) The rate percent which he earns on his investment.
Mr. Gupta invested ₹ 33000 in buying ₹ 100 shares of a company at 10% premium. The dividend declared by the company is 12%.
Find:
- the number of shares purchased by him
- his annual dividend.
