1.

A man buys 24 shares at Rs. 150 per share having the par value of Rs. 100. If the dividend is 7.5% per annum, then the ratio of total annual income to his total inverstent is _______.

Answer»

`1 : 10`
`10 : 1`
`1 : 20`
`20 : 1`

Solution :(i) Require rates = ANNUAL income `=MV` of 1 share.
(ii) Incomefrom 1 share `=((FVxx"Rate of dividend"))/100`
(III) Then find the total income from 24 shares.
(iv) `MV=(150+100)`
Total INVESTMENT `=MVxx24`.


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