A man wants to buy 62 shares available at ₹ 132 (par value being 100). If the dividend is 7.5%, find his annual income

₹ 460

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₹ 470

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₹ 465

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₹ 475

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Solution

The correct option is C
₹ 465

His annual income = No. of shares $\times$ Dividend % $\times$ N.V

= $62 \times \frac{7.5}{100} \times 100 = ₹ 465$

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Similar questions

A man wants to buy 62 shares available at Rs 132(par value of Rs 100)

(i) How much should he invest?

(ii) If the dividend is 7.5 %. What will be his annual income?

Q. A man wants to buy 62 shares available at Rs 132 (par value of Rs 100)
(i) How much should he invest?
(ii) If the dividend is

7.5 %

, what will be his annual income?
(iii) If he wants to increase his annual income by Rs 150, how many extra shares should he buy?
[4 MARKS]

Unable to see 10th Std Option. Pls help solve 10th Std Chapter Shares and Dividends ...

A man wants to buy 62 Shares available at R 132 ( par value of Rs 100) 1) How much shud he invest 2) If the dividend is 7.5% what will be his annual income ?? 3) If he wants to increase his annual income by Rs 150 how many extra shares shud he buy ???

A man wants to buy 120 shares available at ₹ 88 ( par value = ₹ 50)

i) How much should he invest ?

ii) If the dividend is 8.5 % , what will be his annual income ?

A man buys

50

shares of face value

R s 100

available at

R s 132

. If the dividend is

7.5 %

what will be his annual income?

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A man wants to buy 62 shares available at ₹ 132 (par value being 100). If the dividend is 7.5%, find his annual income

The correct option is C ₹ 465 His annual income = No. of shares × Dividend % × N.V = 62×7.5100×100=₹ 465

The correct option is C
₹ 465

His annual income = No. of shares $\times$ Dividend % $\times$ N.V

= $62 \times \frac{7.5}{100} \times 100 = ₹ 465$