CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Basic Formulae

Shahrukh has ...

Question

Shahrukh has to buy 100 shares of Reliance Industries Limited, whose market value is ₹11. What is the total amount of money invested by Shahrukh?

A

₹100

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

B

₹120

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

C

₹90

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

D

₹110

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D
₹110

Given that,
Shahrukh has to buy 100 shares of market value ₹11.
Total money invested=(No of Shares) $\times$ (market value)

$\Rightarrow$ 100 $\times$ ₹11= ₹110

Suggest Corrections

thumbs-up

0

Similar questions

Q. If Shahrukh wants to buy 110 shares of Reliance Industries Limited, whose market value is ₹11, then the money he needs is

Q. A company with 4000 shares of nominal value of Rs 110 each declares an annual dividend of

15 %

, Calculate:
(i) the total amount of dividend paid by the company.
(ii) the annual income of Shahrukh who hold 88 shares in the company.
(iii) if he received only

10 %

on his investment, find the price Shahrukh paid for each share.

Q. a) A company with 10,000 shares of Rs 100 each declares an annual dividend of

5 %

.
(i) What is the total amount of dividend paid by the company?
(ii) What would be the annual income of a man, who has 72 shares in the company?
(iii) If he received only

4 %

on his investment, find the price he paid for each share.

b)
A company with 4000 shares of nominal value of Rs 110 each declares an annual dividend of

15 %

, Calculate:
(i) the total amount of dividend paid by the company.
(ii) the annual income of Shahrukh who hold 88 shares in the company.
(iii) if he received only

10 %

on his investment, find the price Shahrukh paid for each share.

[6 MARKS]

Q. Rakesh invested Rs 43,920 to buy shares of a company whose market value is Rs 122 each. The face value of a share is Rs 100.
(i) Find the number of shares purchased.
(ii) Also, find his yearly dividend, if the dividend is

10 %

per annum.
[4 MARKS]

Q. Market value of share is

R s .50

. Amit purchased

1000

shares at premium of

20

%. What is the amount he invested?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Standard X Mathematics

Join BYJU'S Learning Program

CrossIcon