how much money will be required to buy 400,rs12.50 shares at a premium of rs1
Asked by ramyaramyashree432 | 28th Mar, 2022, 07:20: AM
Total share = 400 shares.
Nominal value of the share = Rs 12.5 .
Market value = Rs 12.5 + Rs 1 = Rs 13.5
Total cost of 1 share = Rs 13.5
Now total cost for 400 shares = 400 x Rs 13.5 = Rs 5400
Answered by Arun | 28th Mar, 2022, 10:36: AM
- A man has 300,Rs 50 shares of a company paying 20 percent dividend. find his net income after paying 3 percent income tax.
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- I=pxn(n+1)/2x12xr/100 1000xn(n+1)/24x10/100=5550 100n(n+1)/24=5550 n(n+1)=1332 I have also got this answer can u plz explain me how u got n =36 and 37 from which number u have divided to get this number
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