Math, asked by bablisahaap, 1 year ago

Mr. Ram Gopal invested ₹8000 in 7% (₹100) shares at ₹80. After a year he sold these shares at ₹75 each and invested the proceeds (including his dividend) in 18% (₹25) shares at ₹41. Find:
(i)His dividend for the first year
(ii)His annual income in the second year
(iii)The percentage increase in his return on his original investment.

I need the solution of third one....

Answers

Answered by kiran0003
7

Answer:

fine mark me as brainleast and also don't forgot to follow me

Attachments:
Answered by Fatimakincsem
14

Dividend for the first year 700 Rs and annual income in 2nd year = Rs 9 and % increase is 2.5 %

Step-by-step explanation:

1st year :

  • Investment = Rs. 8000
  • Par value is Rs. 100
  • Market value is Rs. 80
  • Dividend is 7%  

2nd year :

  • Selling price per share is Rs. 75
  • Par value Rs. 25
  • Market value is Rs. 41
  • Dividend is 18%

Number of shares purchased = Investment / M.V = 8000 / 80 = 100

Dividend per share = 7 / 100 x 100 = 7 Rs

Dividend for 1st year = 7 x 100 = 700 Rs

Sale proceeds = 75 x 100 = 7500 Rs

Investment in 2nd year = 18 / 100 x 25 = 4.5 Rs

Number of shares purchased in 2nd year = 8200 / 41 = 200

Annual income in 2nd year = 4.5 x 200 = 9 Rs

% increase = 200 / 8000 x 100 = 2.5 %

Similar questions