A man bought 20 shares of Rs- 50 at 5 discounts- the rate of dividend being 13 1-2 The rate of interest obtained is-

The correct option is C 15 Investment = Rs. [20 × (50 5)] = Rs. 900. Face value = Rs. (50 × 20) = Rs. 1000. Dividend = Rs. ( 27/2×1000/100 )=Rs.135. Interest ...

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Byju's Answer

Standard X

Mathematics

A man bought ...

Question

A man bought 20 shares of Rs. 50 at 5 discounts, the rate of dividend being $13 \frac{1}{2}$ The rate of interest obtained is:

12%

No worries! We‘ve got your back. Try BYJU‘S free classes today!

15%

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C
15%

Investment = Rs. [20 $\times$ (50 - 5)] = Rs. 900.

Face value = Rs. (50 $\times$ 20) = Rs. 1000.

Dividend = Rs. $(\frac{27}{2} \times \frac{1000}{100}) = R s .135 .$

Interest obtained = $(\frac{135}{900} \times 100) % = 15 % .$

Suggest Corrections

Similar questions

A man bought 20 shares of ₹ 50 at ₹ 5 discount, the rate of dividend being $13 \frac{1}{2}$ The rate of interest obtained is:

Q. A man bought Rs. 40 shares at a discount of 40%. Find his income, if he invests Rs. 12,000 in these shares and receives a dividend at the rate of 11% on the face value of the shares.

Rs 50 shares of a company are quoted at a discount of 10%. Find the rate of dividend given by the company. the return on the investment on these shares being 20 percent.

Q. A man invested Rs.

5400

in Rs.

20

shares quoted at Rs.

12.50

. If the rate of dividend be

12 %

, his annual income is

A man bought 16 shares at ₹97 and gets a dividend of ₹128. Find the rate of dividend on the shares ?

Join BYJU'S Learning Program

A man bought 20 shares of Rs. 50 at 5 discounts, the rate of dividend being 1312 The rate of interest obtained is:

The correct option is C 15% Investment = Rs. [20 × (50 - 5)] = Rs. 900. Face value = Rs. (50 × 20) = Rs. 1000. Dividend = Rs. (272×1000100)=Rs.135. Interest obtained = (135900×100)%=15%.

A man bought 20 shares of Rs. 50 at 5 discounts, the rate of dividend being $13 \frac{1}{2}$ The rate of interest obtained is:

The correct option is C
15%

Investment = Rs. [20 $\times$ (50 - 5)] = Rs. 900.

Face value = Rs. (50 $\times$ 20) = Rs. 1000.

Dividend = Rs. $(\frac{27}{2} \times \frac{1000}{100}) = R s .135 .$

Interest obtained = $(\frac{135}{900} \times 100) % = 15 % .$