Jatin invested $Rs. 27260$ in buying $Rs. 100$ shares of a company at $Rs. 116$ each. If the company paid $16 \%$ dividend at the end of the year,find his income from the dividend (in $Rs.$).

  • A
    $3560$
  • B
    $2760$
  • C
    $3760$
  • D
    $3660$

Explore More

Similar Questions

$A$ company declared an annual dividend of $10 \%$. Find out the annual dividend received by Anu owning $4000$ shares of the company having a par value of $Rs. 100$ each. (in $Rs.$)

$A$ company issued $50000$ shares of par value $Rs. 10$ each. If the total dividend declared by the company is $Rs. 62500$,then find out the rate of dividend paid by the company. (in $\%$)

Difficult
View Solution

How many shares of market value $Rs. 25$ each can be purchased for $Rs. 12750$,given that the brokerage is $2\%$?

$Rs. 555$ was to be divided among $A, B$ and $C$ in the ratio of $\frac{1}{4}: \frac{1}{5}: \frac{1}{6}$. But by mistake,it was divided in the ratio of $4: 5: 6$. The amount in excess received by $C$ was (in $Rs.$)

Ram invested $Rs.\, 88008$ in $9 \frac{1}{2} \%$ stock at $112$ (Brokerage: $Rs.\, 2$). Find out the annual income of Ram from this investment (in $Rs.$).

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo