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प्रश्न
How much should a man invest in ₹ 25 shares, selling at ₹ 36 to obtain an annual income of ₹ 1500, if the dividend declared is 12%?
[Hint: Suppose he buys x shares. Then, investment = ₹ 36x.
∴ `(25x xx 12/100 xx 1 = 1500)` ⇒ x = 500. Investment = ₹ (36 × 500)]
योग
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उत्तर
Given:
Nominal (face) value of each share = ₹ 25
Market (selling) price of each share = ₹ 36
Dividend = 12%
Required annual income = ₹ 1500
Step-wise calculation:
1. Dividend on 1 share = 12% of ₹ 25
= `12/100 xx 25`
= ₹ 3
2. Number of shares required = `"Total income"/"Dividend per share"`
= `1500/3`
= 500 shares
3. Investment = Number of shares × Market price
= 500 × ₹ 36
= ₹ 18,000
The man should invest ₹ 18,000.
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