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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 |
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Answer» Market Value of a share = Rs.9.50 Investment = Rs.4940 Number of SHARES = 4940/9.50 = 520 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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