Question

How much should a man invest in Rs. 25 shares selling at Rs. 30 to obtain
an income of Rs. 450, If the dividend declared is 15%.​

Answer 1

Answer:

2,250 is the correct and right answer

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Answer 2

$\huge\sf\blue{Qᴜᴇsᴛɪᴏɴ}$

How much should a man invest in Rs. 25 shares selling at Rs. 30 to obtain an income of Rs. 450, If the dividend declared is 15%.

$\huge\sf\purple{Sᴏʟᴜᴛɪᴏɴ}$

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★ Dividend on 1 share = 15% of ₨ 25 = ₨ 3.75

✯ Number of shares bought

$\red{ = > \frac{Total \: dividend}{Div.on \: 1 \: share}}$

$\red{ = > \frac{450}{3.75}}$

$\red{ = > \frac{450}{375} \times 100}$

$\red{= > 30 \times 4}$

$\red {= > ₨ 120}$

Since, the market value of each share = Rs 30

Therefore, Sum invested by the man

$\orange{⇒\: 120\: ×\: 30 }$

$\orange{⇒ \:₨ \:3600}$

Hᴇɴᴄᴇ,

₨ 3600 ɪs ɪɴᴠᴇsᴛᴇᴅ ʙʏ ᴛʜᴇ ᴍᴀɴ

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