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ICSE Class 10 Answered

A man holds 800 shares of rupees 100 each of a company payiny 7.5 percent dividend semi annually. .   1)Calculate his annual dividend. 2) if he had bought these shares at 40 percent of premium what percentage return does he get on his investment.
Asked by Vishal | 12 Jan, 2018, 07:39: PM
answered-by-expert Expert Answer
begin mathsize 16px style face space value equals 100 market space value equals 140 rs total space investment equals 112000 company space divident equals 15 over 100 cross times 100 cross times 800 equals 12000 rs percent sign space return equals 12000 over 112000 cross times 100 equals 10.714 percent sign end style
Answered by Arun | 19 Jan, 2018, 06:37: PM

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