A man invests Rs.8,800 on buying shares of face value of Rupees hundred each at a premium of 10% in a company. If he earns Rs.1,200 at the end of the year as dividend, what is dividend percentage per share?
A man invests Rs 8,800 in buying shares of a company of face value of rupees hundred each at a premium of 10%. If he earns Rs 1,200 at the end of the year as divident, find :
(i) the number of shares he has in the company.
(ii) the dividend percent per share.
A man invests Rs 8800 in buying shares of a company of nominal value of Rs 100 each at a premium of 10%. If he earns Rs 1200 at the end of each year as dividend, find:
1) No. Of shares he has in the company
2) the dividend percent per share.