#### By purchasing Rs. 50 gas shares for Rs. 80 each, a man gets 4% profit on his investment. What rate percent is company paying? What is his dividend if he buys 200 shares?

**Solution:**

Market value of each share = Rs 80

Face value of each share = Rs. 50

Interest on investment = 4%

Dividend = Rs 10000 x

= Rs 640

#### Rs. 100 shares of a company are sold at a discount of Rs. 20. If the return on the investment is 15%. Find the rate of dividend declared

**Solution:**

Market value of each shares = 100 – 20

= Rs.80

Interest on investment of Rs. 80

= 15% × 80

= × 80

= Rs 12

Dividend on face value of Rs. 100 = Rs. 12

Rate of dividend = 12%. Ans.