A man invests Rs. 20,020 in buying shares of nominal value Rs.26 at 10% premium. The dividend on the shares is 15% per annum. Calculate

2730, 10.6%

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

2730, 12.6%

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

2730, 13.6%

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

2760, 10.6%

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

2760, 12.6%

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

2760, 13.6%

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

Open in App

Solution

The correct option is C
2730, 13.6%

Suggest Corrections

Similar questions

A man invests Rs 20020 in buying shares of nominal value Rs 26 at $10 %$ premium. The dividend on the shares is $15 %$ per annum. Calculate the number of shares he buys.

Q. A man invests Rs.

1600

in buying shares of nominal value Rs.

50

each and selling at

10 %

premium. The dividend on the shares is

20 %

per annum. calculate the number of shares he buys.

Bhavishya invests Rs 24000 in buying shares of nominal value of Rs 50 at 20% premium. The dividend on shares is 12% per annum. Calculate:

i) the dividend he receives annually.

ii) the rate of return on his investment

A man invests ₹20306 in buying shares of nominal value ₹26 at $10 %$ premium. Calculate the number of shares he buys.

Kumar invests Rs.36,000 in buying Rs.100 shares at Rs.20 premium. The dividend is 15% per annum.

Find

Join BYJU'S Learning Program

A man invests Rs. 20,020 in buying shares of nominal value Rs.26 at 10% premium. The dividend on the shares is 15% per annum. Calculate

The correct option is C 2730, 13.6%

The correct option is C
2730, 13.6%