a man invested rs 10400 in buying a share of face value rs 100 at rs 80 per shere. then the number of share he has is
Answers
Answered by
10
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%.
Answered by
0
Given:
Money invested by man=10400
Rate of one share= Rs 80.
To Find:
Rate of one share?
Step-by-step explanation:
- Since, total money invested = no. of shares Rate of one share
- Put the given values
10400=no. of shares 80
- Thus
no. of shares=2210
Hence, number of shares is 2210.
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