📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store

    • Question

      A man buys 80 shares of ₹100 each at ₹120 and

      receives a dividend of 12% at the end of the year. Find: (i) his total income from dividends, and (ii) his yield (percentage return) on investment.
      A ₹520 and 25% Correct Answer Incorrect Answer
      B ₹900 and 18% Correct Answer Incorrect Answer
      C ₹960 and 10% Correct Answer Incorrect Answer
      D ₹1060 and 15% Correct Answer Incorrect Answer

      Solution

      ATQ,

      Face value of one share = ₹100 Dividend = 12% of ₹100 = ₹12 per share (a) Total income: = 80 × ₹12 = ₹960 (b) Investment: = 80 × ₹120 = ₹9600 Yield % = (Income / Investment) × 100 = (960 / 9600) × 100 = 10% Final Answers: (a) Dividend income = ₹960 (b) Yield = 10%

      Practice Next
      ask-question