Question

Mr anil invested RS 3100 in 6% shares at RS 124 .How much dividends will be get ?(face value =RS 100)

Answer 1

Answer:

Dividend received by Mr. Anil = Rs 150

Step-by-step explanation:

Given :

Invested amount = Rs 3,100

Market Value = Rs 124

Face Value = Rs 100

To find :

How much dividends will be get

Solution :

MV = Rs 124

Amount invested = Rs 3,100

Total no. of Shares purchased =

$\sf{\dfrac{Invested \: Amount}{MV \: of \: 1 \: Share}}$

$\longrightarrow{\sf{\dfrac{3,100}{124} \: = \: 25}}$

Dividend = Total no. of Shares × F. V. × Rate of dividend

$\longrightarrow{\sf{25 \times 100 \times \dfrac{6}{100}}}$

$\longrightarrow{\sf{2500 \times \dfrac{6}{100}}}$

$\longrightarrow$ 150

Dividend = Rs 150

∴ Dividend received by Mr. Anil = Rs 150

Answer 2

Answer:

Given :-

• Mr Anil invested Rs 3100 in 6% shares at Rs 124. Face value is Rs 100.

To Find :-

• How much dividends will be get by Mr Anil.

Solution :-

First, we have to find the total number of shares,

As we know that,

$\bigstar \: \boxed{\sf{Total\: number\: of\: share =\: \dfrac{Investment}{Market\: value\: of\: 1\: share}}}$

Given :

• Investment = Rs 3100
• Market value of 1 share = Rs 124

Then,

↦ $\sf Total\: number\: of\: share =\: \dfrac{\cancel{3100}}{\cancel{124}}$

➦ $\sf\bold{Total\: number\: of\: share =\: 25\: share}$

Now, we have to find the dividend,

As we know that,

$\bigstar \: \boxed{\sf{Dividend =\: Number\: of\: share \times Rate\: of\: dividend \times Face\: value}}$

Given :

• Number of share = 25
• Rate of dividend = 6%
• Face value = Rs 100

Then, according to the question,

⇒ $\sf Dividend =\: 25 \times 6\% \times 100$

⇒ $\sf Dividend =\: 25 \times \dfrac{6}{\cancel{100}} \times {\cancel{100}}$

⇒ $\sf Dividend =\: 25 \times 6$

➠ $\sf\bold{\red{Dividend =\: Rs\: 150}}$

$\therefore$ The dividend will get by Mr Anil is Rs 150.