Question

Ahmed invested Rs 11000 and purchased 100 share of face values Rs 100 each. How much above par is the market value of each share?If the dividend per share is Rs 75,find his income from shares ?

Answer 1

19000 plz give thank you

Answer 2

Thank you for asking this question. Here is your answer:

Investment = 11000

i = m.v x n

11000  = m.v x 100

m.v = 110

So the market value is 110

(100 - 110) = 10

Now we will let d% be x.

The income from the share is

d = d% / 100) x m.v x n

75 = (x/100) x 110 x 100

75 = (x /100) x 11000

75 = x x 100

75/110 = x

x = 0.68%

So 0.68% is the final answer for this question.