Question

a man invest a sum of money in rupees 25 shares paying 12% dividend and quoted at rupees 36 his annual income from this share is rupees 720 calculate his total investment and the number of shares bought by him and the person return on his investment​

Answer 1

Answer:

Total Investment = 8640 Rs.

Number of shares = 240

Step-by-step explanation:

Let the number of shares = n

Nominal Value (NV) of a share = Rs. 25

Nominal Value of n shares = 25n Rs.

Market Value of a share = Rs. 36

Dividend = 12% of NV

               = $\frac{12}{100}$ × $25n$

Since his income from the shares is Rs. 720

∴  $\frac{12}{100}$ × $25n$ $=720$

or, $n= \frac{720}{25}$×$\frac{100}{12}$

or, n = 240

Total investment = Market Value of 240 shares

                            = 240 × 36

                           = 8640 Rs.

Answer 2

Answer:

PLEASE MARK AS BRILLIANT

Step-by-step explanation:

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