Question

A man bought 200 shares each of face value Rs.10 at Rs. 12 per share. At
the end of the year, the company from which he bought the shares declares
a dividend of 15%. Calculate:
(i) the amount of money invested by the man
(ii) the amount of dividend he received
(iii) the percentage return on his outlay.

Answer 1

no of shares=200
N.V.=rs 10
M.V.=rs 12
d%=15%
(I)invest=no of shares ×M.V.
200×12
=rs 2400
(ii)dividend=no of shares ×d%×N.V
200×15%×10
rs 300
(iii)d%×N.V.=p%×M.V
15%×10=p%×12
p%=12.5%