ICSE Class 10 Answered
mr.gupta invested rs 8000 in8% rs 100 shares selling at rs 80 after a year he sold these sharesvat rs75 and ivested the proceeds in rs 100 shares selling at rs 90 with a dividend of 12%.calculate 1.income from 1st investment 2.income from 2nd investment 3.increased percentage return on his original investment.
Asked by rafatayesha769 | 27 Oct, 2018, 07:05: PM
Expert Answer
Investment = 8000 rs
FV =100 rs
D% = 8% i.e. 8rs per share
MP = 80
no. of shares = 8000/80 =100
so total dividend = 800 rs...............ans (1)
Amt after selling = 7500 rs
total proceeds = 8300 rs
MP = 90 rs
number of shares = 8300/90= 92 shares approx
divident = 12rs x 92 = 1104 rs............ans(2)
percent increase = (1104-800)/800 x 100......ans(3)
Answered by Arun | 01 Nov, 2018, 10:32: AM
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