Question

a man buys Rs.10 Shares which stand at Rs.15 in a company which pays 9% dividend.
fill the boxes:
(i) the market value of 200 shares
(ii) the annual income

Answer 1

Answer:

(i) Rs. 2000

(ii) Rs. 180

Step-by-step explanation:

Nominal Value (N.V.) = Rs. 10

Market Value (M.V.) = Rs. 15

Rate = 9 %

(i) the M.V. of 200 shares

= no. of shares * M.V.

= 200 * 10

= Rs. 2000       Answer

(ii) the Annual Income (A.I.)

A.I. = no. of shares * N.V. * Rate / 100

     = 200 * 10 * 9 / 100

     = 2000 * 9 / 100

     = 20 * 9

     = Rs. 180                  Answer