A man wants to buy 124 shares available at
Rs 66 (par value = Rs 50).
a. how much he needs to invest.
b. if the dividend is 7.5% , what will be his annual income?
c. if he wants to increase income by Rs 600, how many extra shares should he buy?
Answers
Answered by
19
Step-by-step explanation:
n=124 shares , NV = 66 , M.V.= 50
(1) Investment= MV×n
= 50×124= 6200 shares.
(2) Annual income = 66×7.5/100×6200
= 30690.
Hope,this helps.....
Answered by
2
Answer:
A=8184 B=930
Step-by-step explanation:
no. of shares= 124
nv = 50
mv = 66
a) investment= mv multiplty n
=66*124
= $8184
b) devidend on 1 share = 7.5% of 100 = rupees 7.5
therfore annual income = 124*7.5
= rupees 930
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