Both qns not understand
Dear Student,
Number of shares =50
market value (m.v.) of each share = Rs 132
1. Arjun's investment = M.V. of each share * number of shares
= Rs (132 * 50)
= Rs 6600
2. Dividend on one share = 7.5% of Rs 100 = Rs 7.50
His annual income = 50 * Rs 7.50 = Rs 375
3. Arjun wants to increase his income by Rs 150
Regards
Number of shares =50
market value (m.v.) of each share = Rs 132
1. Arjun's investment = M.V. of each share * number of shares
= Rs (132 * 50)
= Rs 6600
2. Dividend on one share = 7.5% of Rs 100 = Rs 7.50
His annual income = 50 * Rs 7.50 = Rs 375
3. Arjun wants to increase his income by Rs 150
Regards