Question

100, ₹ 100 shares (paying 10% dividend) are bought at a discount of ₹ 20 and another 100, ₹ 100 shares (paying 10% dividend) are bought at ₹ 120. The total dividend earned is ______.

विकल्प

• ₹ 00

• ₹ 2,000

• ₹ 400

• ₹ 2,400

Answer 1

100, ₹ 100 shares (paying 10% dividend) are bought at a discount of ₹ 20 and another 100, ₹ 100 shares (paying 10% dividend) are bought at ₹ 120. The total dividend earned is ₹ 2,000.

Explanation:

For first 100 shares:

F.V of one share = ₹ 100

M.V of one share = ₹ 100 – ₹ 20 = ₹ 80

Rate of dividend = 10%

Dividend on one share = 10% of ₹ 100

= `10/100 xx 100`

= ₹ 10

Dividend on 100 shares = 100 × 10

= ₹ 1000

For another 100 shares:

F.V of one share = ₹ 100

Rate of dividend = 10%

M.V of one share = ₹ 120

∴ Dividend on one share

= 10% of ₹ 100

= ₹ 10

`\implies` Dividend on 100 shares

= 100 × 10

= ₹ 1000

∴ Total dividend earned

= ₹ 1000 + ₹ 1000

= ₹ 2000