15)By investingて7,500 in a company paying 10percent dividend, an ann

1.	15)By investingて7,500 in a company paying 10percent dividend, an annual income o500 is received. Whatpace is paid for eachof 100 share?-
Answer» Total investment = Rs. 7500rate of dividend = 10%annual income = Rs. 500nominal value = Rs. 100 therefore,no. of shares = 500 × (100/10) × (1/100)= 50 shares market value = 7500/50= Rs. 150

15)By investingて7,500 in a company paying 10percent dividend, an annual income o500 is received. Whatpace is paid for eachof 100 share?-

Answer»

Total investment = Rs. 7500rate of dividend = 10%annual income = Rs. 500nominal value = Rs. 100

therefore,no. of shares = 500 × (100/10) × (1/100)= 50 shares

market value = 7500/50= Rs. 150