Swapnil invests Rs 14950 in Rs 100 shares of a company, paying $14 %$ dividend. If her annual income from shares be Rs 1610, what will be the market value of each share?

Rs 120

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

Rs 130

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

Rs 150

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

Rs 145

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

Open in App

Solution

The correct option is B
Rs 130

Total annual income = Rs 1610

Annual income from 1 share = $14 %$ of Rs 100 = Rs 14

Number of shares bought by swapnil = Total annual income/Income from 1 share = $\frac{1610}{14}$ = 115

Market value of each share = Total investment in all the shares/ Number of shares bought

= Rs $\frac{14950}{115}$ = Rs 130

Hence, the market value of each share is Rs 130

Suggest Corrections

Similar questions

Swapnil invests ₹14950 in ₹100 shares of a company, paying $14 %$ dividend. If her annual income from shares be ₹1610, what will be the market value of each share?

Q. Ram invested Rs.

1200

in shares of a company paying

5 %

per annum. If he bought Rs.

100

shares for Rs.

50

, find his annual income from his investment.

A man invests Rs 7,770 in a company paying 5 percent dividend when a share of nominal value of Rs 100 sells at a premium of Rs 5. Find :

(i) the number of shares bought;

(ii) annual income ;

(iii) percentage income

Q. By investing Rs. 7,500 in a company paying 10 percent dividend, an annual income of Rs. 500 is received. What price is paid for each of Rs. 100 share ?

Q. Mrs. Sharma buys 85 shares (par value Rs.100) at Rs. 150 each. If the dividend is 6.5%, what will be her annual income?

Join BYJU'S Learning Program

Swapnil invests Rs 14950 in Rs 100 shares of a company, paying 14% dividend. If her annual income from shares be Rs 1610, what will be the market value of each share?

Swapnil invests Rs 14950 in Rs 100 shares of a company, paying $14 %$ dividend. If her annual income from shares be Rs 1610, what will be the market value of each share?