Question

Led wholesaler in hundred hundred rupees shares of company that pays 15% dividend calculate the annual dividend if he had bought the shares at 40% premium what percentage return but she have gotten an investment give your answer to the nearest integer

Answer 1

Number of shares= 1800

Face value of each share=RS.100

divided=15%

Annual dividend=15/100*1800*100

=RS.27000

Total investment 1800 shares at 40% premium

= 140/100*100*1800

= 252000

Return = 27000/252000*100

= 10.71