Question

Sudhakar invests Rs.1344 in buying shares of face value Rs.24 selling at 12% premium.The dividend on the shares is 15%p.a.Calculate1)the no.of shares Aditya buys,&2)The divdend he receives annually.

Answer 1

Answer:

1)50

2)Rs.180

Step-by-step explanation:

m.v.=24+(12/100×24)=24+2.88=26.88

No. of shares = sum/ m.v.= 1344/26.88=50 shares.

dividend = no. of shres × f.v. × dividend percent

= 50×24×15/100

=180

Answer 2

Step-by-step explanation:

this the answer of this question