Shares and Dividend:-
Mr. Ankur invests ₹4500 in a company paying a dividend of 6% per annum, when a share of face value ₹100 stand at ₹150. What is his annual income, if he sells 50% of his shares when then the price rises to ₹200 and what is his gain in this transaction?
Answers
see in attachment...
Ankur gain in transaction =6000-4500
=₹1500
......
Answer:
Ankur gain in transaction = 6000 - 4500
= Rs 1500
solutions:
Total investment = Rs 9000
Market value of 1 shares = Rs 150
Face value of 1 shares = Rs 100
Number of shares bought = total investment
MV of 1 shares
1000/150
= 60
Face value of 60 shares = 60 × 100
= Rs 6000
Rate of divident 6%
Dividend on shares = 6% of 6000
= 6/100 × 6000
= Rs 360
Number of shares sold = 50% of 60
= 50/100 × 60
= Rs 30
money received on selling those 50 shares = 200 × 30
= Rs 6000
money paid by Ankur on buying these 30 shares = 30 × 150
= Rs 4500
Ankur gain in transaction = 6000 - 4500
= Rs 1500
Hope it is helpful....
silentlover45.❤️