Question

a man invests rs 4500 in shares of a company whicj is paying 7.5% dividend .if rs 100 shares are available at a discount of 10% find no. of shares and his annual income​

Answer 1

Given,

Investment = Rs.4500

Divident = 7.5 %

FV = Rs . 100

MV = 100- 10% of 100

= 100 -10

=Rs . 90

Since,

$\boxed{Number \: of \: shares = \dfrac{Investment}{MV on one share}}$

$Number \: of \: shares = \dfrac{4500}{90}$

$Number \: of \: shares = 50$

Since ,

$\boxed{Annual \: income = \dfrac{Number \: of \: share \times divident \: percent \times FV}{100}}$

On placing values,

$Annual \: income = \dfrac{50\times 7.5 \times 100}{100}$

$Annual \: income = \dfrac{50\times 7.5 \times \cancel{100}}{ \cancel{100}}$

$Annual \: income = 50 \times 7.5$

Annual income = Rs 375.0

Answer 2

Your answer is done.

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