Problem: A man bought 200 shares at Tk. 175 a share. He received a dividend of Tk. 2.25 per share and a bonous of one share for every 5 (five) shares held by him (he didn’t pay any money for bonous shares). Find his gain or loss (including the dividend he received).
View all: NATIONAL BANK | OFFICER | RECRUITMENT QUESTION(MATH) SOLVE | 1997
Correct Answer: 7450 TK
Explanation:
The cost of 200 shares = 175 x 200 = Tk. 35000
Total dividend = 200 x 2.25 = Tk. 450
No. of bonus share = 200 + 5 = 40
The cost of bonus = 40 x 175 = Tk. 7000
His total gain = 7000 + 450 = Tk. 7450