By purchasing Rs50 gas shares for Rs80 each , a man gets 4% profit on his investment. What rate % is company paying? What is his dividend if he buys 200 shares?
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Given that the man gets 4% profit on his investment.
Hence income on 1 share of market value Rs 80 = 4% of Rs 80
= (4/100) × 80 = Rs 3.20
Therefore on Rs 50 the company pays Rs 3.20
Thus for Rs 100 the company has to pay,
The rate percent paid by the company is 6.4%
We got Income on1 share = Rs 3.20
Therefore, income on 200 shares = Rs 3.20 × 200 = Rs 640 Thats the ans your question...
Hence income on 1 share of market value Rs 80 = 4% of Rs 80
= (4/100) × 80 = Rs 3.20
Therefore on Rs 50 the company pays Rs 3.20
Thus for Rs 100 the company has to pay,
The rate percent paid by the company is 6.4%
We got Income on1 share = Rs 3.20
Therefore, income on 200 shares = Rs 3.20 × 200 = Rs 640 Thats the ans your question...
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