Aptitude - Stocks and Shares - Discussion
Discussion Forum : Stocks and Shares - General Questions (Q.No. 7)
7.
A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 12%, his annual income is:
Answer: Option
Explanation:
| Number of shares = |  |
4455 |  |
= 540. |
| 8.25 |
Face value = Rs. (540 x 10) = Rs. 5400.
| Annual income = Rs. | |
12 | x 5400 | |
= Rs. 648. |
| 100 |
Discussion:
15 comments Page 2 of 2.
Ravi said:
1 decade ago
There is formula why we are want use this method?
Chika said:
1 decade ago
Face value is the shares original (nominal) price. That has to be detemined before knowing the annual income of the investor.
(1)
Vinod said:
1 decade ago
face value means shares orginal price.
Divya said:
1 decade ago
face value means actual valuu here.......
Abi said:
1 decade ago
Actually, why we want to find face value..can anyone explain me
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