Question

Mohan kal invested Rs. 29040 in 15%, Rs 100 shares of a company quoted at a premium of 20%. calculate i) the number of shares bought by Mohan lal ii) his annual income from shares iii) the percentage per share​

Answer 1

$\bold{GIVEN}$

$\mathsf{Investment = Rs 29040}$

$\mathsf{Dividend \: percent = 15 }$

$\mathsf{NV = Rs. 100}$

$\mathsf{MV = NV + 20 \% of NV}$

$\mathsf{MV = 100 + \dfrac{20}{100} \times 100}$

$\mathsf{MV = 100 + 20}$

$\mathsf{MV = Rs 120}$

$\bold{1)--Number \: of \: shares}$

$\huge \boxed{\mathsf{No \: of \: shares = \dfrac{Investment}{MV \: on \: 1\: share}}}$

$\mathsf{No \: of \: shares = \dfrac{29040}{128}}$

$\large \boxed{\mathsf{No \: of \: shares = 242}}$

$\bold{2)--ANNUAL \: INCOME }$

$\huge \boxed{\mathsf{ANNUAL \: INCOME = \dfrac{No \: of \: share \times Divi \% \times FV}{100}}}$

$\large \boxed{\mathsf{ANNUAL \: INCOME = Rs 3630}}$

$\bold{3)- PROFIT \: PERCENTAGE }$

$\huge \boxed{\mathsf{ PROFIT \: PERCENTAGE = \frac{Income}{Investment } \times 100 }}$

$\mathsf{ PROFIT \: PERCENTAGE = \frac{3630}{29040 } \times 100 }$

$\large \boxed{\mathsf{ PROFIT \: PERCENTAGE = 12.5 \% }}$

Answer 2

$\bold{GIVEN}GIVEN$

$\mathsf{Investment = Rs 29040}Investment=Rs29040$

\mathsf{Dividend \: percent = 15 }Dividendpercent=15

\mathsf{NV = Rs. 100}NV=Rs.100

\mathsf{MV = NV + 20 \% of NV}MV=NV+20%ofNV

\mathsf{MV = 100 + \dfrac{20}{100} \times 100}MV=100+

100

20

×100

\mathsf{MV = 100 + 20}MV=100+20

\mathsf{MV = Rs 120}MV=Rs120

\bold{1)--Number \: of \: shares}1)−−Numberofshares

\huge \boxed{\mathsf{No \: of \: shares = \dfrac{Investment}{MV \: on \: 1\: share}}}

Noofshares=

MVon1share

Investment

\mathsf{No \: of \: shares = \dfrac{29040}{128}}Noofshares=

128

29040

\large \boxed{\mathsf{No \: of \: shares = 242}}

Noofshares=242

\bold{2)--ANNUAL \: INCOME }2)−−ANNUALINCOME

\huge \boxed{\mathsf{ANNUAL \: INCOME = \dfrac{No \: of \: share \times Divi \% \times FV}{100}}}

ANNUALINCOME=

100

Noofshare×Divi%×FV

\large \boxed{\mathsf{ANNUAL \: INCOME = Rs 3630}}

ANNUALINCOME=Rs3630

\bold{3)- PROFIT \: PERCENTAGE }3)−PROFITPERCENTAGE

\huge \boxed{\mathsf{ PROFIT \: PERCENTAGE = \frac{Income}{Investment } \times 100 }}

PROFITPERCENTAGE=

Investment

Income

×100

\mathsf{ PROFIT \: PERCENTAGE = \frac{3630}{29040 } \times 100 }PROFITPERCENTAGE=

29040

3630

×100

\large \boxed{\mathsf{ PROFIT \: PERCENTAGE = 12.5 \% }}

PROFITPERCENTAGE=12.5%[/tex]