Question

A man bought 1000 hundred rupee shares​ from the stock market carrying 8% dividend quoted at ₹130. A few days later the MV of the shares went up by 10% .He solds his share. What was his income for this transaction ?​

Answer 1

Answer:

Step-by-step explanation:

The dividend income of the man = 1000*100*8/100 (because dividend is on face value of share not the market value & face value is 100)

Dividend income = 8,000   ---------------(i)

Now, he purchased 1000 shares at 130 rs, therefore value of purchased shares = 1,30,000

M.V of shares went up by 10% i.e

= 1,30,000*10/100

= 13,000  ---------------------(ii)

Therefore, total income will be (i) + (ii)= 8,000+13,000

=21,000 rupees

Answer 2

Answer:

your answer in this attachment

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