Question

how much should a man invest in rupees 25 shares, selling at rupees 36 to 25 obtain an annual income of rupees 1500, if the dividend declared is 12% ?
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Answer 1

Answer:

Nv=25

MV=36

ANNUAL INCOME = No. of shares × D% × FV

1500 = No. of shares ×12/100× 25

No. of shares = 150000/300= 500 shares

Sum = No. of shres × MV= 500 × 36 = 18000

The man must invest Rs.18,000