Advertisements
Advertisements
प्रश्न
Ananth had Rs 50 shares of 'Esco' paying 6% dividend. He sold them at a market price of Rs 80 and invested the proceeds in buying Rs 100 shares of 'Y2K Software' at Rs 150 and paying 11% dividend. He thus increased his annual income by Rs 2,150. How many shares of 'Esco' did he sell?
Advertisements
उत्तर
For shares of 'Esoo':
Let x be the no. of shares sold by Ananth.
Nominal value of each share =Rs 50
Face value of x shares =Rs 50x
Market value of each share = Rs 80
Market value of x shares = Rs 80x = proceeds from selling
Dividend = 6 % of Rs 50 x = `6/100` × Rs 50 x = Rs 3x ......(i)
For shares of 'Y2K Softvvare':
Market value of each share = Rs 150
Number of shares bought= proceeds from selling 'Esco' / market value of 'Y2K Softvvare'
`= (80 x)/150 = (8x)/15`
Nominal value of each share =Rs 100
Face value of `(8 x)/15` shares = Rs Rs 100 x `(8 x)/15` = Rs 53.33 x
Dividend = 11 % of Rs 53.33x = Rs `(11 xx 53.33 x)/100` = Rs 5.86 x ...........(ii)
Increase in annual income =Rs 2, 150 =subtraction of (i) from (ii)
Rs (5.86x - 3x) =Rs 2,150
2.86x =Rs 2,150
⇒ x = 751
Therefore, Ananth sold 751 shares
APPEARS IN
संबंधित प्रश्न
A man invests Rs. 22,500 in Rs. 50 shares available at 10% discount. If the dividend paid by the company is 12%, calculate:
- The number of shares purchased.
- The annual dividend received.
- The rate of return he gets on his investment. Give your answer correct to the nearest whole number.
Mr. Gupta has a choice to invest in ten-rupee shares of two firm at Rs. 13 or at Rs. 16. If the first firm pays 5% dividend and the second firm pays 6% dividend per annum, find:
- which firm is paying better.
- if Mr. Gupta invests equally in both the firms and the difference between the returns from them is Rs. 30, find how much, in all, does he invest?
Yash has 1200 shares of Rs 150 each of 'Honeywell Corporation' paying 18% dividend. Find his net income after paying.
Archana bought 250 shares of Rs 50 each of 'Indal' paying 12% of dividend. She bought them at such a price that she gets 15% return on her investment. At what share did she buy the shares?
Which among these is a better investment:
16% at 80 or 18% at 120
Amitesh had 400 shares of Rs 100 each of 'Telco' paying a dividend of 12.5%. He sold them at a market price of Rs 125 and invested the proceeds in Rs 50 shares of 'Adani Motors' available in the market at Rs 80 and paying a dividend of 16%. How many shares of Adani Motors did Amitesh buy and what is the change in his annual income?
Mr Lal wants to give a monthly scholarship of Rs 225 to a poor student. How many 15%, Rs 100 shares of 'Mercantile Co-operative Bank' should he purchase to realize his aim? What will be his investment if the market price of the share is Rs 120?
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?
Krithika wants to invest Rs 10,000 in shares of different companies such that the percentage return on her investment is 8%. She invested Rs 4,500 in 6% Rs 100 shares at Rs 75, Rs 2,500 in 8% Rs 100 shares at par and the rest in 16% Rs 100 shares. Find the rate at which she bought the 16% shares.
Which in better investment: 7% Rs. 100 shares at Rs.120 or 8% Rs. 10 shares at Rs. 13.50.
