InterviewSolution
 Saved Bookmarks
    				| 1. | 
                                    A man invests Rs. 8,800 in buying shares of a company of face value of rupees hundred each at a premium of 10%. If he earns Rs. 1,200 at the end of the year as dividend, find:(i) the number of shares he has in the company.(ii) the dividend percent per shares. | 
                            
| 
                                   
Answer»  Total investment = Rs. 8,800 Nominal value of 1 share = Rs. 100 Market value of 1 share = Rs. 110 ∴ No of shares purchased = 8800/110=80 Nominal value of 80 shares = 80 × 100 = Rs. 8,000 Let dividend % = y % Then y% of Rs. 8,000 = Rs. 1,200 ⟹ (/100) ×8,000=.1,200 ⟹ y = 15%  | 
                            |