Question

A man purchased Shares of face value R5.3200 by
investing R5. 4000, what was the market price of
a share ? TE the Shares fetched 6% dividend
what percentage of dividend did he get on his
investment ?​

Answer 1

Given : A man purchased shares of face - value 3,200 by investing 4,000.

the shares fetched 6% dividend,

To Find : What was the market price of a share ?  

what percentage of dividend did he get on his investment ?​

Solution

A man purchased shares of face - value 3,200 by investing 4,000.

Assuming Share bought = 1

Then Market value = 4000  

6% dividend,  on FV 3200 = (6/100)3200 = 192 Rs per share

Rs 192 on Rs 4000 investment

Hence percentage of dividend on investment = (192/4000) * 100

= 4.8 %

market price of a share  = Rs 4000

percentage of dividend he get on his investment = 4.8 %

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