1.

A Man Invested Rs. 4940 In Rs. 10 Shares Quoted At Rs. 9.50. If The Rate Of Dividend Be 14%, His Annual Income Is

Answer»

Market Value of a share = Rs.9.50

Investment = Rs.4940

Number of SHARES = 4940/9.50 = 520

FACE Value of a share = Rs.10

dividend = 14%

dividend per share = 10*14/100 = Rs. 1.4

His ANNUAL INCOME = 520 × 1.4 = Rs.728

Market Value of a share = Rs.9.50

Investment = Rs.4940

Number of shares = 4940/9.50 = 520

Face Value of a share = Rs.10

dividend = 14%

dividend per share = 10*14/100 = Rs. 1.4

His annual income = 520 × 1.4 = Rs.728



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