Question

A man invested Rs.10,400 in buying a share of face value Rs.100 at Rs.80 per share .

Then, the number of share he has is​

Answer 1

Answer:

Face value of 1 share =Rs. 100

Market value of 1 share =Rs. (100+

100

10

×100)

=Rs. (100+10)

=Rs. 110

Investment =Rs. 8,800

Annual dividend =Rs. 1200

(i) Total number of shares =

110

8800

=80 shares

(ii) Dividend percentage per share =

80×100

1200

×100

=15%.

Step-by-step explanation:

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Answer 2

Answer:

130

Step-by-step explanation:

Number of shares = 10400/80

= 130

therefore, he has 130 shares of face value Rs.100 each