Q.A person invests ₹15,000 in shares of face value ₹50, quoted at ₹60, paying a 10% dividend. Find

Divide the investment by the market value to get the number of shares, then apply the dividend rate to the face value for income and yield.

(i) $n=15000/60=250$. (ii) Dividend/share $=5$; total $=250\times5=1250$. (iii) Yield $=(5/60)\times100=8.33\%$.

1. Number of shares

   $n = \frac{15{,}000}{60} = 250 \text{ shares}$

2. Annual dividend income Dividend per share $= \dfrac{10}{100}\times50=₹5$; total $=250\times5=₹1{,}250$.
3. Yield

   $\text{Yield \%} = \frac{5}{60}\times100 = \frac{500}{60} = 8.33\%\ (\text{approx.})$

   Check (independent recomputation): total dividend ÷ total investment × 100 $=1250/15000\times100=8.33\%$ — matches.
   ✓Final answer

   (i) 250 shares (ii) ₹1,250 (iii) Yield $\approx8.33\%$

Dividing the investment by the face value (₹50) instead of the market value (₹60) to find the number of shares, giving a wrong figure of 300 shares instead of 250.