Advertisements
Advertisements
Question
Salman buys 50 shares of face value Rs.100 available at Rs.132.
(i) What is his investment?
(ii) If the dividend is 7.5%, what will be his annual income?
(iii) If he wants to increase his annual income by Rs.150, how many extra shares should he buy?
Solution
Number of shares bought = 50
N,V of one share = Rs, 100
M.V of each share = Rs 132
(I) Investment = M.V of each share x Number of shares
= Rs 132 x 50
= Rs 6600
(ii) Since dividend on 1 share = 7.5% of N.V = `7.5/100` x 100 = Rs 7.50
His annual income = Rs 7.50 x 50 = Rs 375
(iii) Extra shares to be bought = `"Increase in annual income"/"Income in one share" = 150/7.50` = 20
APPEARS IN
RELATED QUESTIONS
Ashok invested Rs. 26,400 on 12%, Rs. 25 shares of a company. If he receives a dividend of Rs. 2,475. Find the :
1) number of shares he bought
2) The market value of each share
A company with 10,000 shares of nominal value Rs 100 declares an annual dividend of 8% to the shareholders
- Calculate the total amount of dividend paid by the company.
- Ramesh had bought 90 shares of the company at Rs 150 per share. Calculate the dividend he receives and the percentage of return on his investment.
Calculate the annual income of the following:
424 shares of Rs 125 each paying 8% dividend.
A company pays a dividend of 15% on its ten-rupee shares from which it deducts tax at the rate of 22%. Find the annual income of a man, who owns one thousand shares of this company.
A man buys 400 ten-rupee shares at a premium of Rs. 2.50 on each share. If the rate of dividend is 8%, Find,
(i) his investment
(ii) dividend received
(iii) yield.
Two companies have shares of 7% at Rs. 116 and 9% at Rs. 145 respectively. In which of the shares would the investment be more profitable?
Which is better investment : 6% Rs. 100 shares at Rs. 120 or 8% Rs. 10 shares at Rs. 15
At what price should a 6.25% Rs. 100 shares be quoted when the money is worth 5%?
500, ₹ 50 shares at par earn a dividend of ₹ 1,250 in one year. The rate of dividend is ______.
The number of ₹ 25 shares, paying 24% dividend, with total dividend ₹ 1,350 is ______.
