Question

A man invests 4500/- in shares of a company which is paying 7.5%dividend.If 100 shares are available at a discount of 10%.Find
i) the number of shares he purchased
ii) his annual income

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Answer 1

Answer:

1st Answer 50 shares

2nd Answer 375

All the best

Mark me brainliest and flw me

Step-by-step explanation:

Total investment = Rs 4500

 Face value of a share "FV"= Rs 100 

Discount = 10% 

∴ Market value of a share = Rs (100 – 10) = Rs 90 

Now,

Number of shares purchased = 4500/90 = 50

Annual income:

$= \frac{number \: of \: shares \times dividend \times fv}{100} \\ \\ = \frac{50 \times 7.5 \times 100}{100} \\ \\ = 375 \\ \\ all \: the \: best \: \\ mark \: me \: brainliest$

Answer 2

Solution

A man invests 4500/- in shares of a company which is paying 7.5%dividend.If 100 shares are available at a discount of 10%.Find

i) the number of shares he purchased

ii) his annual income

don't spam,id will be reported​

1st Answer 50 shares

2nd Answer 375

All the best

Mark me brainliest and flw me

Step-by-step explanation:

Total investment = Rs 4500

Face value of a share "FV"= Rs 100  

Discount = 10%  

∴ Market value of a share = Rs (100 – 10) = Rs 90  

Now,

Number of shares purchased = 4500/90 = 50

Annual income:

Number of share X divident X  FV / 100

50 X  7.5 X 100/ 100

375.0 or 375