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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:

1Rs. 207.40
2Rs. 534.60
3Rs. 648
4Rs. 655.60

Answer:- 1

Explanation:-

Solution:

\begin{aligned} Number of shares \\ = (\frac{4455}{8.25}) \\ = 540. \\ Face value \\ = R s . (540 \times 10) \\ = R s . 5400. \\ Annual income \\ = R s . (\frac{12}{100} \times 5400) \\ = R s . 648. \end{aligned}

$\eqalign{ & {\text{Number}}\,{\text{of}}\,{\text{shares}} \cr & = \left( {\frac{{4455}}{{8.25}}} \right) \cr & = 540. \cr & {\text{Face}}\,{\text{value}} \cr & = Rs.\,\left( {540 \times 10} \right) \cr & = Rs.\,5400. \cr & {\text{Annual}}\,{\text{income}} \cr & = Rs.\,\left( {\frac{{12}}{{100}} \times 5400} \right) \cr & = Rs.\,648. \cr}$

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", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "

Solution:

\begin{aligned} Number of shares \\ = (\frac{4455}{8.25}) \\ = 540. \\ Face value \\ = R s . (540 \times 10) \\ = R s . 5400. \\ Annual income \\ = R s . (\frac{12}{100} \times 5400) \\ = R s . 648. \end{aligned}

$\eqalign{ & {\text{Number}}\,{\text{of}}\,{\text{shares}} \cr & = \left( {\frac{{4455}}{{8.25}}} \right) \cr & = 540. \cr & {\text{Face}}\,{\text{value}} \cr & = Rs.\,\left( {540 \times 10} \right) \cr & = Rs.\,5400. \cr & {\text{Annual}}\,{\text{income}} \cr & = Rs.\,\left( {\frac{{12}}{{100}} \times 5400} \right) \cr & = Rs.\,648. \cr}$ ", "dateCreated": "7/24/2019 10:09:12 AM" } }

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