Same chapter4 marksDifficulty: Medium
A man invests ₹16,000 in ₹100 shares at a discount of 20%, and the company declares a dividend of 10%. Find his annual income and his percentage return.
Shares and Dividends
4 marksDifficulty: Medium
A man invests ₹19,200 in ₹100 shares available at ₹120. If the company declares a dividend of 15%, find the number of shares bought, his annual income and his percentage return.
Original Khojo Papers practice question — not from a past board paper.
Answer
160 shares, an income of ₹2,400 and a return of 12.5%
No citable source has been recorded for this record. Treat it as practice material, not as fact.
Explanation
Number of shares = 19,200 ÷ 120 = 160. Dividend is paid on the nominal value, so the income is 160 × 15% of 100 = ₹2,400. Return = 2,400 ÷ 19,200 × 100 = 12.5%.
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