Q3 of 55 Page 111

Prashant bought 50 shares of FV Rs. 100, having MV Rs. 180. Company gave 40% dividend on the shares. Find the rate of return on investment.

Face Value = Rs. 100


Market value = Rs. 180


Rate of Dividend = 40%


Dividend =


⇒ Dividend =


No. of shares brought = 50


Total investment = (50 × 180) = Rs. 9000


Total profit = (40 × 50) = Rs. 2000


Rate of Return =


More from this chapter

All 55 →
1

Write the correct alternative for the following question.

To find the cost of one share at the time of buying the amount of Brokerage and GST is to be . . . the MV of share .

 2

Find the purchase price of a share of FV Rs. 100 if it is at premium of Rs. 30. The brokerage rate is 0.3%.

 4

Find the amount received when 300 shares of FV Rs. 100, were sold at a discount of Rs. 30.

 5

Find the number of shares received when Rs. 60,000 was invested in the shares of FV Rs. 100 and MV Rs. 120.