Question

Ashwarya bought. 496, 100 shares at 132
each. Find :
(i) investment made by her.
(ii) income of Ashwarya from these shares, if
the rate of dividend is 7.5%. ?
iii) how much extra must Ashwarya invest in
order to increase her income by * 7,200 ?​

Answer 1

Answer:

(i) investment made by her = market value of each share * total number of shares she bought

i.e. 496 * 132 = rupees / dollars 65,472

(ii) income = no.of shares * rate of dividend * nominal value of each share i.e.

496 * 7.5 /100*100 = rupees 3,720

(iii) 7200/7.5 =960 shares extra he has to by

therefore 960*132=126720 she should invest

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Answer 2

Answer:

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