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
Answers
Answered by
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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Answered by
3
Answer:
130
Step-by-step explanation:
Number of shares = 10400/80
= 130
therefore, he has 130 shares of face value Rs.100 each
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