Home
Class 9
MATHS
Ramesh bought 30 Rs.200 shares of a comp...

Ramesh bought 30 Rs.200 shares of a company available at a - premium of Rs.25. Find the investment made by Ramesh, and also the rate of interest (returning gets on his money if the company pays a dividend of `8%` per annum.

Text Solution

Verified by Experts

The correct Answer is:
Rs.6750; `7.11%`
Promotional Banner

Topper's Solved these Questions

  • SHARES AND DIVIDENDS

    PEARSON IIT JEE FOUNDATION|Exercise EASSY TYPE QUESTIONS|5 Videos
  • SHARES AND DIVIDENDS

    PEARSON IIT JEE FOUNDATION|Exercise CONCEPT APPLICATION (LEVEL 1)|15 Videos
  • SHARES AND DIVIDENDS

    PEARSON IIT JEE FOUNDATION|Exercise VERY SHORT ANSWER TYPE QUESTIONS|15 Videos
  • SETS AND RELATIONS

    PEARSON IIT JEE FOUNDATION|Exercise LEVEL 3|8 Videos
  • SIGNIFICANT FIGURES

    PEARSON IIT JEE FOUNDATION|Exercise Level 2|28 Videos

Similar Questions

Explore conceptually related problems

Rs. 60,000 is invested in buying Rs. 120 shares of a company which are available at a premium of 25%. Find the number of shares bought and the annual rate of return on the investment, if dividend is paid at the rate of 10% per annum.

A man invests Rs. 20,000 in Rs. 80 shares of a company available at a premium of Rs. 20. IF the company pays a dividend of 8%, then find the rate of return on the investment.

If 200, Rs. 100 shares are bought at a premium of Rs. 20, then the total investment made is Rs. _______.

A Rs.100 shares is bought at a premium of Rs.25. If the investment is worth 9% per annum, then find the rate at which the company pays the dividend.

Sachin invests Rs. 15,000 on buying Rs. 100 shares of a company at a premium of Rs. 50 and gets 6 2/3% per annum on his investment. Then the rate at which the company pays the dividend is _______.

Sashi bought Rs.16 shres of a company at 25% dividend. Find the premium he paid for the shares (in Rs.), if he received 20% rate of return.

A person invested Rs. 18,000 in buying Rs. 150 shares of a company which are available at a premium of Rs. 50. If the company pays a 9% dividend, then find the number of shares bought by him and also the annual income he earned from the investment.

Ameer invests Rs.24,200 in buying Rs.100 shares of a company avilable at a premium of 10% . If the company pays a dividend of 15% , then find the number of shares bought by Ameer, and the rate of return on his investment.