Nirav invests in 12%, Rs 25 shares of a company quoted at Rs 36. His income from his investment is Rs 720.Calculate:

i) The total amount of money invested by him in these shares.

ii) The number of shares bought by him.

iii) The percentage return on his investment.

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Solution

The correct option is A

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Similar questions

Mr. Tiwari invested Rs 29,040 in 15% Rs 100 shares quoted at a premium of 20% . Calculate:

(i) the number of shares bought by Mr. Tiwari.

(ii) Mr. Tiwari's income from the investment.

(iii) the percentage return on his investment.

R s . 29, 040

15 %

R s . 100

20 %

12 %

Salman invests a sum of money in Rs 50 shares, paying 15% dividend quoted at 20% permium. If his annual dividend is Rs 600, calculate :

(i) the number of shares he bought.

(ii) his total investment

(iii) the rate of return on his investment.

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