Home
Class 10
MATHS
A man buys 500, Rs. 10 shares at a premm...

A man buys 500, Rs. 10 shares at a premmum of Rs. 3 on each share. If the rate of dividend is 12%, then the rate of interest received by him money is ________ (approximately).

A

`6.5 %`

B

`7.5 %`

C

`9.23 %`

D

`5%`

Text Solution

Verified by Experts

The correct Answer is:
C
(i) Rate of dividend `xxFV=MVxx` Rate of return
(ii) In the given dta, rate of interest is same as the rate of return.
(iii) `FVxx` Rate of dividend `=MVxx` Rate of return.
Doubtnut Promotions Banner Mobile Dark
|

Topper's Solved these Questions

  • SHARES AND DIVIDENDS

    PEARSON IIT JEE FOUNDATION|Exercise Level 3|15 Videos

  • SHARES AND DIVIDENDS

    PEARSON IIT JEE FOUNDATION|Exercise Level 1|10 Videos

  • REMAINDER AND FACTOR THEOREMS

    PEARSON IIT JEE FOUNDATION|Exercise Level 3|10 Videos

  • STATISTICS

    PEARSON IIT JEE FOUNDATION|Exercise Level 3|14 Videos

Similar Questions

Explore conceptually related problems

An investment of Rs. 36 on a share earns the investor a return of 10%. If dividend is 12 % on each share, then what is its face value ?

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.

Knowledge Check

  • Mrs Pravallika has 100 shares worth Rs. 100 at a premium of Rs. 100. If the rate of dividend is 10%, then find the total dividend received by her at the end of a year. (in Rs.)

    A
    Rs. 4000
    B
    Rs. 3000
    C
    Rs. 2000
    D
    Rs. 1000

  • A man bought 20 shares of Rs. 50 at 5 discount the rate of dividend being (4)3/4% .the rate of invest obtained is

    A
    `(4)3/4%`
    B
    `(3)1/4%`
    C
    `5.28%`
    D
    `4.95%`

  • A man invested Rs.4455 in Rs. 10 shares quoted at Rs 8.25 if the rate of dividend be 6% his annual income is

    A
    Rs 267.30
    B
    Rs 327.80
    C
    Rs 324
    D
    Rs 103.70

    • Similar Questions

    Explore conceptually related problems

    Teja brought Rs. 80 shares of a company which pays 15% dividend. If the rate of return is 12%, then the market price is _______.

    If a Rs. 200 share is brought at a discount of Rs. 50 and the dividend paid is 9%, then the rate of return is _______ per annum.

    Mrs Apoorva invests Rs. 12,000 in buying Rs. 200 shares in a company at a premium of Rs. 50. If the dividend paid is 10% per annum, then Apoorva's annual income from these shares is _______.

    Rishi bought Rs. 50 shares of a company for Rs. 75 each. The company pays a dividend of 12% per annum. The effective rate of return on his investments is _________.

    A man buys 24 shares at Rs. 150 per share having the par value of Rs. 100. If the dividend is 7.5% per annum, then the ratio of total annual income to his total inverstent is _______.

    Home
    Profile