The market price of Rs. 25 shares of a company is Rs. 30. If abhay purchases 400 shares of this company then find i) How much money does he invest ? ii) What will be abhay's annual income and what percentage will he get on his investment ; If the company pays a dividend of 7% p.a. iii) how many shares can abhay buy for Rs. 6000?
Answers
Answered by
0
Answer:
. on his investment. What rate percent is the company paying? What is his dividend if he buys 60 shares? ... Profit% on investment = 4% . Then profit on 1 share = 4% of Rs 40= Rs 1.60.
Similar questions