A man invests Rs. 22,500 In Rs. 50 shares available at 10% discount. If the dividend paid by the company is 12% . calculate (a) The no. Of shares purchased
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The no. of shares purchased are 500.
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Investment=RS 22,500,
N.V= RS 50,
discount=10%.
discount amount= 10/*50
= 5 RS.
M.V= F.V.- discount amount
= 50-5
=45.
No of shares= investment/ M.V.
=22500/45
=500.
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N.V= RS 50,
discount=10%.
discount amount= 10/*50
= 5 RS.
M.V= F.V.- discount amount
= 50-5
=45.
No of shares= investment/ M.V.
=22500/45
=500.
HOPE THIS WILL HELP YOU.... ALL THE BEST..... COMMENT ME IF I AM HAVING ANY FAULT IN MY ANSWER. AND ALSO COMMENT AND LIKE AND FOLLOW ME IF U LIKE MY ANSWER.....
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