Question 13 Marks
Shri Maniklal has purchased 300 shares of F.V. ₹ 100, for M.V. ₹ 120. Company has paid dividend at 7%. Complete the following activity to find the rate of return on his investment.
Activity :
F.V. = ₹ 100
Number of shares = 300
Market value = ₹ 120
(a) Sum invested = M.V. × No. of shares
$\therefore$ = ⬜ x ⬜
= ₹ 36,000
(b) Dividend per share $=$ F.V. × rate of dividend
= ⬜ x $\frac{⬜}{100} $
= ₹ 7
$\therefore \quad$ Total dividend received $=300 \times 7$
= ₹ ⬜
(c) Rate of return $=\frac{\text { Dividend income }}{\text { Sum invested }} \times 100$
$=\frac{2,100}{36,000} \times 100 $
= ⬜ %
View full question & answer→Activity :
F.V. = ₹ 100
Number of shares = 300
Market value = ₹ 120
(a) Sum invested = M.V. × No. of shares
$\therefore$ = ⬜ x ⬜
= ₹ 36,000
(b) Dividend per share $=$ F.V. × rate of dividend
= ⬜ x $\frac{⬜}{100} $
= ₹ 7
$\therefore \quad$ Total dividend received $=300 \times 7$
= ₹ ⬜
(c) Rate of return $=\frac{\text { Dividend income }}{\text { Sum invested }} \times 100$
$=\frac{2,100}{36,000} \times 100 $
= ⬜ %