a man bought 200 shares each of face value Rs 10 at Rs 12 per share at the the end of the year .The company from which he bought the shares declares a divident of 15% calculate - the amount of money invested by the man ,the amount of dividend he received and the percentage return on his outlay .
Answers
He invested 2400 Rs and got dividend of 300 Rs along with 12.5% Percentage return.
Explanation:
Number of shares bought by man =200
N.V = 10 Rs
M.V = 12 Rs
Dividend percentage = 15%
(1) Invest=no of shares ×M.V
= 200×12
= 2400 Rs
(2) Dividend = Number of shares × d% × N.V
= 200×15%×10
= 300 Rs
(3) d% × N.V.= p% × M.V
15%×10 = p%×12
Percentage return = 12.5%
Hence he invested 2400 Rs and got dividend of 300 Rs along with 12.5% Percentage return.
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Vasudevan invested ₹ 60,000 at an interest of 12 per cent per annum compounded half yearly.What amount would he get. a- after 6 months. b- after 1 year?
https://brainly.in/question/5232542
Answer:
Explanation:
Man bought 200 shares and market value of each share =Rs 12, therefore
1 : Investment =no. of shares*market value
=200*12
= Rs 2400
2: divident he recieves= no. of shares*rate of dividend(given in the question
15%)*nominal value(10)
=200*15/100*10
=Rs 300
3: percentage return =profit(300)/investment(2400)*100
300/2400*100
=300/24 =12.5%