CUET Preparation Today
Aman buys 400 ten-rupee shares at a premium of Rs 2.50 on each share. If the rate of Rs 2.50 on each share. If the rate of dividend is 8%, find his investment. |
₹4800 ₹4900 ₹5100 ₹5000 |
₹5000 |
The correct answer is option (4) : ₹5000 Man bought ₹10 share at a premium of ₹2.50 It means man bought each share at ₹12.50 Man's investment $=(12.50×400)$ $=₹5000$ |
