A man invested Rs. 2000 in a stock at 100 to obtain an income of Rs. 800. What is the dividend from the stock?
How much should a man invest in Rs 100 shares selling at Rs 110 to obtain an annual income of Rs 1,680, if the dividend declared is 12%?
A man invests a certain sum in buying 15% Rs 100 shares at 20% premium. Find :
(i) his income from one share.
(ii) the number of shares bought to have an income, from the dividend, Rs 6,480.
(iii) sum invested.