Salman buys 50 shares of face value Rs.100 available at Rs.132.

Rs.6500; Rs.375; 20

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Rs.6500; Rs.400; 25

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Rs.6600; Rs.375; 20

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Rs.6600; Rs.400; 30

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Rs.6700; Rs.375; 25

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

Rs.6700; Rs.400; 30

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

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Solution

The correct option is C
Rs.6600; Rs.375; 20

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Similar questions

Salman buys 50 shares of face value Rs 100 available at Rs 132. Then which of the following is/are correct if dividend is 7.5%.

Salman buys 50 shares of face value Rs 100 available at Rs 132.

(i) What is his investment ?

(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?

50

100

132

7.5 %

150

50

R s 100

R s 132

7.5 %

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

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