Question

please answer me rose

Mr.Akash buys shares of a company for Rs 8000 at a discount of Rs 20 (par value Rs 100).The company pays a 6% divided annually.Find: - (a)The number of shares bought by M.Akash (b) Her annual income from the shares.(c()Her annual profit percentage from the shares​​

Answer 1

Answer:

Given: ms tirkey buys the shares of company for Rs 8000 at a discount of Rs 20 (par value Rs 100 ) the company pays at 6% dividend annually

To Find: 1.) the no of shares bought buy Ms tirkey

2.) her annual income from the shares and, 3.) her annual profit percentage from the

shares

Step-by-step explanation:

Share Price FV = Rs 100

liscount = 20

=> MV = 80 Rs

Amount = Rs 8000

Shares bought = 8000/80 = 100

the no of shares bought buy Ms tirkey = 100

Dividend 6 % = 6 Rs

Shares = 100

annual income from the shares = 6*100 = Rs

600

annual profit percentage from the shares = (600/8000) * 100

= 7.5 %

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