NumericalEasy1 mark
6(i)
Kabir bought 120 shares of a company with nominal value ₹100, available at a premium of ₹25. Find :
the money invested by Kabir in buying these shares.
Topic: Shares, dividend and return
Previous-year question practice database
Answer
Exam answer
Investment = ₹15,000.
Explanation
Market value/share=₹125; 120×125=₹15,000.
More from Shares and Dividend
Asha buys ₹ 20 shares of a company which pays 9% dividend at such a price that she gets a return of 12% on her investment. At what price did she buy each share?2026the rate of dividend, if he received ₹ 1,080 as dividend from these shares after one year.2026his rate of return.2026A man invested in a company paying 12% dividend on its share. If the percentage return on his investment is 10%, then the shares are:2025market value2025dividend percent declared2025