Adv
Deepak Bora
  • 0

A man invests Rs.10400 in 6% shares at Rs.104 and Rs.11440 in 10.4% shares at Rs.143.How much income would he get in all?

  • 0

How to solve these shares and dividends question?

Share

Related Questions

Adv

1 Answer

  1. total investment = Rs. 10400

    dividend % = 6%

    market value = Rs. 104

    face value = Rs. 100

    number of shares = investment ⁄  market value = 10400/104 = 100

    dividend = dividend %(face value)× number of shares

    = 6/100×(100)×100

    = Rs. 600

    similarly in second case

    total investment = Rs. 11440

    dividend % = 10.4%

    M. V. = Rs. 143

    F. V. = Rs. 100

    n= 11440/143= 80

    dividend = 10.4/100 × 100 ×80 = Rs. 832

    total dividend = Rs. (600+832)

    = Rs. 1432.

    • 0
Leave an answer

Leave an answer

Browse

Choose from here the video type.

Put Video ID here: https://www.youtube.com/watch?v=sdUUx5FdySs Ex: "sdUUx5FdySs".

Captcha Click on image to update the captcha.