मराठी

How much should a man invest in Rs. 50 shares selling at Rs. 60 to obtain an income of Rs. 450, if the rate of dividend declared is 10%. Also find his yield percent, to the nearest whole number. - Mathematics

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प्रश्न

How much should a man invest in Rs. 50 shares selling at Rs. 60 to obtain an income of Rs. 450, if the rate of dividend declared is 10%. Also find his yield percent, to the nearest whole number.

बेरीज
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उत्तर

Face value of each share = Rs. 50

Dividend(%) = 10%

Dividend on 1 share = `10/100 xx 50` = Rs .5

∴ Number of shares bought = `"Total dividend"/"Dividend per share"`

= `450/5`

= 90

Market value of each share = Rs. 60

∴ Total investment = 90 × 60 = Rs. 5400

Percentage return = `"Total dividend"/"Total investment" xx 100`

= `450/5400 xx 100`

= 8.33%

= 8%

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