Advertisements
Advertisements
प्रश्न
Yash has 1200 shares of Rs 150 each of 'Honeywell Corporation' paying 18% dividend. Find his net income after paying.
Advertisements
उत्तर
No. of shares = 1200
Nominal value of each share =Rs 150
Face value of 1200 shares= Rs (150 x 1200) =Rs 1,80,000
Rate of dividend = 18 %
Total dividend = `(180000 xx 18)/100` = Rs 32400
Rate of income tax = 8 %
Total tax = `(8 xx 32400)/100` = Rs 2592
Net income = Rs (32,400 - 2,592) = Rs 29,808
APPEARS IN
संबंधित प्रश्न
How much money will be required to buy 125, Rs. 30 shares at a discount of Rs. 3?
A man bought Rs. 40 shares at a discount of 40%. Find his income, if he invests Rs. 12,000 in these shares and receives a dividend at the rate of 11% on the face value of the shares.
Ashutosh invested Rs 58,500 in buying shares of Rs 150 each of 'Van Chemicals', when it was available in the market at a premium of 30%. He sells one third of them at a market rate of Rs 215, one third of them at a market rate of Rs 195 and the rest at Rs 175. Find his loss or gain from the transaction.
Saurav invested 10%, 30% and 40% of his savings in buying shares of 3 different companies A, B and C which declared dividends of 12%, 15% and 16% respectively. If Saurav's total income from dividends is Rs 3,025, find his savings and the amount invested in each company.
Vikram bought 200 shares of Rs 25 each of 'Calcutta Jute Co.' paying 8% of dividend. Vikram bought them at such a price that he gets 10% of his money. At what price did he buy the share?
Which among these is a better investment:
12.5% at 125 or 7.5% at 80
Usha sold 350 shares of Rs 150 each paying 6% dividend at Rs 120 and invested the proceeds in Rs 75 shares at par paying 8% dividend. Calculate the number of Rs 75 shares she bought and the change in her annual income.
Ramesh had Rs 100 shares of 'Bihar Steel' paying 8% dividend. He sold them at a market price of Rs 130 and invested the proceeds in buying Rs 50 shares of 'Jindal steel' available at Rs 75 and paying 12% dividend. He thus increased the annual income by Rs 360. How many shares did Ramesh sell?
Which in better investment: 7% Rs. 100 shares at Rs.120 or 8% Rs. 10 shares at Rs. 13.50.
Ajay owns 560 shares of a company. The face value of each share is Rs. 25. The company declares a dividend of 9%.
Calculate:
- The dividend that Ajay will get.
- The rate of interest on his investment, if Ajay had paid Rs. 30 for each share.
