Question

ICSE CLASS 10 MATH

Ravi invested ₹ 6250 in shares of a company paying 6% per annum.if he brought ₹ 25 shares for ₹31.25 each, find his annual income from this investment.

ANY PLEASE HELP ME.....

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I WILL MARK BRAINLIEST IF ANSWER WILL CORRECT...​

Answer 1

hey mate

here is the answer...

Given:

investment=₹6250

dividend%=6%

Nominal value (N.V)=₹25

Market value (M.V)=₹31.25

thus,

the number of shares=investment/M.V

=6250/31.25

=200

thus,

annual income=d%/100*N.V*no. of shares

=6/100*25*200

=6*25

=₹300(answer)

Answer 2

Given :

The investment amount = A=  ₹ 6250

The dividend percentage per annum = d = 6%

The nominal value of each share = N.V = ₹ 25

The market value of each share = M.V = ₹ 31.25

To Find :

The annual income from this investment

Solution :

We know,

Number of shares = $\dfrac{Investment amount}{market value}$

                              = $\dfrac{A}{M.V}$

                              = $\dfrac{ 6250}{31.25}$

                              = 200

Again

Annual income = dividend% × nominal value × number of shares

                         = 6% × ₹ 25 × 200

                         = $\dfrac{6}{100}$ × ₹ 25 × 200

                         = 6 × ₹ 25 × 2

                         = ₹ 300

Hence, The Ravi's annual income from this investment is ₹ 300  . Answer