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Please provide solution to this question

Asked by Topperlearning User 7th September 2017, 8:33 AM
Answered by Expert

begin mathsize 12px style Investment equals space Rs. space 7 comma 500
Face space value equals space Rs. space 100
Market space value equals space Rs. space 100 space plus space 50 percent sign space of space 100
equals Rs. space left parenthesis 100 plus 50 right parenthesis
equals Rs. space 150
Dividend equals space Rs. space 550
Let space dividend space be space straight x percent sign.
Number space of space shares space equals fraction numerator Investment space over denominator Market space value end fraction
equals 7500 over 150 equals 50
Nominal space value space equals space 50 cross times 100
Dividend equals straight x percent sign cross times Nominal space value
550 equals straight x over 100 cross times 5000
straight x equals 11

rightwards double arrow The space number space of space shares space he space has space in space the space company space is space 50.
rightwards double arrow The space dividend space be space 11 percent sign. end style

Answered by Expert 7th September 2017, 10:33 AM
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