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.
Sundar said:
1 decade ago
4455/8.25 = 5.4 then how 540 came there?
Pratik said:
10 years ago
Annual income depends on face value only?
Anusmita said:
8 years ago
Someone is saying 4455 is market value and someone is saying it is face value. Can someone say if it is market or face value?
And in the last step, we know annual income = (dividend/market value *face value).
So then why we are putting 100 in place of market value?
And in the last step, we know annual income = (dividend/market value *face value).
So then why we are putting 100 in place of market value?
(1)
NoNii said:
8 years ago
Well explained, Thank you @Gowthami and @Arthi.
Gebremedihin atsbaha said:
11 months ago
Very good explanation. Thanks.
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