Question

MR. PAREKH INVESTED RUPEES 52000 ON RUPEES 100 SHARES AT A DISCOUNT OF RUPEES 20 PAYING 8% DIVIDEND. AT THE END OF 1 YEAR HE SELLS THE SHARES AT A PREMIUM OF RUPEES 20.
FIND:
1)THE ANNUAL DIVIDEND
2)THE PROFIT EARNED INCLUDING HIS DIVIDEND ​

Answer 1

Answer:

Amount invested = Rs. 52,000

Face value of share = Rs. 100

Market price = 100 - 20 = Rs. 80

no. of share = 52000/80 = 650

1) the annual dividend = 650*8= 5200

2) on selling mp=100+20=120

profit by sold = (120-80)*650 = 26000 as(120*650 =78000-52000=26000)

total profit = 26000+5200 = 31200

Answer 2

Answer:

this is your answer

Step-by-step explanation:

hope it helps