Home
Class 9
MATHS
If the investment made in buying 150 sha...

If the investment made in buying 150 shares of a company at Rs. 6 above par is Rs.99,000, then find the face value of each share.

Text Solution

Verified by Experts

The correct Answer is:
Rs.654
Promotional Banner

Topper's Solved these Questions

  • SHARES AND DIVIDENDS

    PEARSON IIT JEE FOUNDATION|Exercise CONCEPT APPLICATION (LEVEL 1)|15 Videos

  • SHARES AND DIVIDENDS

    PEARSON IIT JEE FOUNDATION|Exercise CONCEPT APPLICATION (LEVEL 2)|10 Videos

  • SHARES AND DIVIDENDS

    PEARSON IIT JEE FOUNDATION|Exercise SHORT ANSWER QUESTIONS|5 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

If a share of Rs.150 is available at a permium of Rs.50, then find the market value of 250 such shares.

Ranvir gets 8% per annum, on his investment made in buying Rs.80 shares of a company for Rs.100 each. What is the rate of dividend, and what is his annual dividend if he purcheses 500 such shares?

An investment in buying 400 shares of a company at a premium of Rs.2.50 earns an income of 9.6% per annum. If the rate of dividend paid by the company is 12% , then find the face value of each share.

If Rs. 56,000 is invested in buying Rs. 120 shares at a discount of Rs. 16 2/3 % , then find the number of shares bought is _______.

Rakesh invested Rs.27,000 in Rs.27 shares of a company which pays a dividend of 10% . Find the market value of each share if he derives an annual income of Rs.540 from this investment, also find the number of shares he bought.

Kishore invested a certain sum of money in two types of share A and B of a company. The market value of A is Rs.30 more than that of B. He bought 400 shares of A and 300 shares of B. If he spent Rs.18,000 more on A than B, then find the market value of each share of B. (in Rs.)

If an investment of Rs. 42,000 in Rs. 300 shares of a company, paying a dividend of 7%, results in an annual income of Rs. 2100, then find the market value of each share.

If Rs.150 share is quoted at a premium of Rs.10, then the market value of the share is Rs. _______.

Praveen invests Rs. 24,000 in Rs. 100 shares of a company paying 10% dividend. If his annual income from these shares is Rs. 1200, then the market value of each share is Rs. _______.

Ms Meenakshi invested Rs. 32,400 in buying certain shares of a company. If the amount of dividend received by her is Rs. 4860, then find the rate of return.