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
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Face value of 1 share =Rs. 100
Market value of 1 share =Rs.
(100+100/10x100)
=Rs. (100+10)
=Rs. 110
Investment =Rs. 8,800
Annual dividend =Rs. 1200
(i) Total number of shares =8800/110=80
shares
(ii) Dividend percentage per share =
1200/80x100x100
=15%.
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