Question

Amit bol 24 shares of fv 100 by investing 3000 8% dividend was declared on shares find the MV of the share and the rate of return of the investment ​

Answer 1

MV of the share = Rs 125 and  Rate of Return of the  investment = 6.4 %

Step-by-step explanation:

Amit buy 24 shares of fv 100 by investing 3000

Amount invested = Number of Shares Bought * Market Value

=> 3000 = 24 * MV

=> MV = 3000/24

=> MV = 125

MV of the share = Rs 125

Dividend 8 %  

Dividend per share =  ( 8/100) * FV  = (8/100) * 100 = Rs 8

Dividend for 24 Share = 24 * 8  =  192 Rs

Rate of Return of the  investment =  (192 / 3000) * 100  =  6.4%

Learn More :

Mr.Amol purchased 50 shares of Face Value

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Answer 2

The market value of the share is Rs.125.

The rate of return of the investment ​is 6.4%.

Step-by-step explanation:

Given : Amit buy 24 shares of FV 100 by investing 3000 8% dividend was declared on shares.

To find : The MV of the share and the rate of return of the investment ​?

Solution :

The amount invested = Number of share bought × Market value

$3000=24\times MV$

$MV=\frac{3000}{24}$

$MV=125$

The market value of the share is Rs.125.

Dividend is 8%.  

Dividend per share is given by 8% of FV

$d=\frac{8}{100}\times 100$

$d=8$

The dividend of 1 share is Rs.8

The dividend of 24 share is Rs. $8\times 24=192$

Rate of Return of the investment is given by

$r=\frac{192}{3000}\times 100$

$r=6.4\%$

The rate of return of the investment ​is 6.4%.

#Learn more

Mr.Amol purchased 50 shares of Face Value rupees 100 when the Market value of the share was rupees 80. Company had given 20% dividend. Find the rate of return on investment. Solve the word problem

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