Question

14. Amar invests Rs 27,000 in 12% shares of 100
selling at 90. His brother Samar also invests
the same amount in 20 shares selling at 27.
If the annual income of both the brothers from
the shares is same, find the rate of dividend
received by Samar.​

Answer 1

Answer:

Number of shares bought by Krish =27,00090=300

⇒ Dividend earned on 300 shares

=300×10100×100=Rs.3000

Money received by selling these 30 shares =300×110=Rs.33,000

⇒ Earnings received by Krish =33,000+3000−27,000=Rs.9000

Number of shares bought by Vijay

=Total InvestmentMarket Value=30,000120=250

⇒ Total dividend earned on 500 shares

=250×810×150=Rs.3000

Money received by selling these 500 shares =250×110=Rs.27,500

⇒ Earnings received by Vijay =27,500+3000−30,000=Rs.500

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