Question

Mr Singh invested Rupees 12500 in shares of a company paying 6% dividend per annum. If he bought Rupees 50 shares for Rupees 62.50 each, find his income from the investment

Answer 1

Answer:

Rs.937.5

Step-by-step explanation:

The investment amount = Rs 12500

The dividend percentage = d% = 6%

The market value = M.V = Rs 50

The nominal value = N.V = Rs 62.50

To Find :

Annual income from investment

Solution :

∵ Number of share =

Or,  N =

         = 250

Again

Annual Income = dividend% × Nominal value × number of share

                        = d% × N.V × N

                        = 6% × Rs 62.50 × 250

                        =  × Rs 62.50 × 250

                        = Rs 937.5

Hence, The Annual income from the investment is Rs 937.5   Answer

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