1.

Arun Invested Rs. 333000 In 5½ % Stocks At 110 .if Brokerage Is Rs.1, What Is His Annual Income From His Investment?

Answer»

Investment = Rs.333000

Since face value is not GIVEN, we can take it as Rs.100 

and dividend per SHARE = Rs.11/2

MARKET Value = 110 + 1 = 111

Number of shares purchased = 333000/111 = 3000

TOTAL income = 3000×11/2 = Rs.16500.

Investment = Rs.333000

Since face value is not given, we can take it as Rs.100 

and dividend per share = Rs.11/2

Market Value = 110 + 1 = 111

Number of shares purchased = 333000/111 = 3000

Total income = 3000×11/2 = Rs.16500.



Discussion

No Comment Found

Related InterviewSolutions