Question

Please sove this share and dividend question no - 7

Answer 1

Answer:

240 Shares

Rs 8640 invested

Step-by-step explanation:

Let say Person invest  = Rs 36X

Number of shares bought = Amount Invested/Market price of share

Number of shares bought =  36X/36 = X

Dividend declared =  (Dividend % /100) & Face Value of Share

Dividend declared per share = (12/100) * 25 = Rs 3 Per share

Dividend received = 3X

3X = 720

=> X = 240

Number of shares Bought = 240

Amount Invested = 36 * 240 = Rs 8640

Answer 2

Answer:

Step-by-step explanation:

240 shares

RS 8640