The annual income of Shelton is 74,560 dollars. What is the face value of 6 in his income?
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?