Question

Amit Kumar invests Rs 36,000 in buying Rs 100 shares at Rs 20 premium.

The dividend is 15% per annum. Find :

(i) The number of shares he buys

(ii) His yearly dividend

(iii) The percentage return on his investment.

Give your answer correct to the nearest whole number. ​

Answer 1

Answer:

1- 300

2- 4500

3- 12.5%

Step-by-step explanation:

Given, Investment = Rs.36,000  

Face value = Rs.100

Premium - Rs.20,

D=15%

Market Value of one share = Rs.(100 + 20)  

= Rs.120

no. of share=36000/120 = 300

yr. dividend = 15% of (100*300) = 4500

% return = 4500/36000 = 12.5%

Answer 2

Step-by-step explanation:

Given, Investment = Rs.36,000 Face value = Rs.100 Premium - Rs.20, D=15% Market Value of one share = Rs.(100 + 20) = Rs.120

1. no of shares..= 36000/120 =300
2. yearly dividend..= 15% of ( 100 X 300) = 4500 rupees.

hope iy will helps u.....☺☺

mark me as a brainlist...☺☺