A man buys 400, twenty-rupee shares at a discount of 20% and receives a return of 12% on his money. Calculate the rate of dividend paid by the company.

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Solution

Rs. 9.6%

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Similar questions

A man buys 400, twenty-rupee shares at a discount of 20% and receives a return of 12% and receives a return of 12% on his money. Calculate :

(i) the amount invested by him.

(ii) the rate of dividend paid by the company.

A man buys 400, twenty-rupee shares at a premium of Rs 4 each and receives a dividend of 12%. Find :

(i) the amount invested by him.

(ii) his total income from the shares.

(iii) percentage return on his money.

Mannan buys 400, twenty rupee shares at a premium of Rs 4 each and receives a dividend of 12%. Find:

i) Amount invested by him

ii) Total income

iii) His percentage return on his investment.

22, 500

50

10 %

12 %

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