Find the annual income derived from 800 shares , at ₹ 40 shares paying 25% dividend.
Rs 6500
Rs 800
Rs 7600
Rs 8000
Face value of 1 share = ₹ 40
Annual income on 1 share =25% of ₹ 40=25100×40=₹ 10
Annual income from 800 shares =₹(800×10)=₹ 8000
Find the annual income derived from 800, Rs 40 shares paying 25% dividend.
Find the annual income derived from 760, ₹100 shares paying 15% dividend.
Jash sold a certain number of shares of Rs 20 paying 8% dividend at Rs 18 and invested the proceeds in Rs 10 shares, paying 12% dividend at 50% premium. If the change in his annual income is Rs 120, find the number of shares sold by him.
Shikha buys shares at the par value of ₹20 in a company, paying 12% dividend. Find the number of shares bought by her, if she receives an annual income of ₹5760.