Question

(in) Ramesh had bought 90 shares of the company at
* 150 per share. Calculate the dividend he receives
and the percentage return on his investment.
​

Answer 1

Answer:

Ramesh had bought 90 shares of the company at Rs.150 per share. Calculate the dividend he receives and the percentage of return on his investment.

Answer

number of shares Ramesh bought=90

Nominal value of each share=Rs.100

Rate of dividend=8%

∴The dividend received by the Ramesh=8%of100×90

⇒

100

8

×100×90=Rs.720

%return=

investment

Income

×100

Income=No. of share×rate of dividend×Nominal value

⇒Income=90×

100

8

×100=Rs.720

Investment=No.of share×market value of 1 share

⇒Investment=90×150=Rs.13500

∴%Return=

13500

720

×100=5

3

1

%

Answer 2

Answer:

I don't know about the question