Question

How much should a man invest in Rs. 50 shares selling at Rs. 60 to obtain an income of Rs. 450 if the rate of divident declared is 10%?Also, find his yield percent, to the nearest whole number​

Answer 1

Answer:

hey mate

divident on 1 shares 10%of = Rs50 = 50×10/100 =Rs5

no of shares bought = total divident /share 1 divendent

= Rs450/5 = Rs90

since the market selling at 60 for each share

so on total share = 60×90 = 5400

percentage return = total return /sum return ×100

= 450/5400×100 = 8.33 = apprx 8 %

hope it help u

Answer 2

Answer: I hope ie helps a bit .

Explanation:

ANSWER

Nominal Value (NV)=Rs.50

Market Value (MV)=Rs.60

Devidend (D)=10%

Annual income =Rs.450

let the no. of stocks bought is x

Annual income =D×NV×no of shares

450=0.1×50×x

x=  

0.1×50

450

​  

 

x=90

Aso x=  

MV

investment

​  

 

investment=90×60=5400

%Rate of Income=  

Investment

Annual income

​  

×100%

%Rate of Income=  

5400

450

​  

×100%

                                =8.33%

Approx: 8%