2. Find the annual income fron S. A man wants to buy 600 shares available at 125 having the par value 100P How much does he invest?(2) Ir the dividend is 8% per annum, what will be his annual income?If he wants to increase his annual income by 1800, how many extra shares should bebuy?

2. Find the annual income fron S. A man wants to buy 600 shares avai

1.	2. Find the annual income fron S. A man wants to buy 600 shares available at 125 having the par value 100P How much does he invest?(2) Ir the dividend is 8% per annum, what will be his annual income?If he wants to increase his annual income by 1800, how many extra shares should bebuy?
Answer» tion:PAR VALUE = 100Dividend = 8% per annumDividend per SHARE = 1008×100=Rs8 Dividend for 600 shares = 8×600= 4800 Rs∴ His annual INCOME = Rs 4800