Question

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❣️A man invest Rs.4500 in shares of a company which is paying 7.5% dividend .if Rs.100 r available at a discount of 10% . find the:-
(i) No of shares
(ii) his annual income






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Answer 1

Ram Ram ✌️

Given :

Investment = Rs.4500

Face Value = Rs. 100

Dividend = 7.5%

Also :

M.V = 100 - (10% ×100)

M.V = Rs.90

As we know :

No. of shares = Invested money / MV on one share

No. of share = 4500/90

☞ No. of share = Rs. 50

Now ,

Ann. income =( no. of share × % × FV) /100

Ann. income = (50 × 7.5 × 100) / 100

A. Income = 50 × 7.5

Income = Rs. 375.0

Hope it helps ❣️