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.
Answered Feb 05, 2023
Correct Answer - Rs.10
Correct Answer - Capital Reserve-Rs. 2,500.
Correct Answer - Capital Reserve-Rs. 20.
Correct Answer - Rs.62,500
Correct Answer - Rs.54
Correct Answer - Rs.6750; `7.11%`
Correct Answer - `10%`; Rs.4000
Correct Answer - 400; 8%
Correct Answer - `6.4 %`
Correct Answer - Rs. 420
Correct Answer - 90; Rs. 1215
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