हिंदी

Ajay owns 560 shares of a company. The face value of each share is Rs. 25. The company declares a dividend of 9%. Calculate: i. The dividend that Ajay will get.

Advertisements
Advertisements

प्रश्न

Ajay owns 560 shares of a company. The face value of each share is Rs. 25. The company declares a dividend of 9%.

Calculate:

  1. The dividend that Ajay will get.
  2. The rate of interest on his investment, if Ajay had paid Rs. 30 for each share.
योग
Advertisements

उत्तर

No. of shares = 560

N.V. of one share = ₹ 25

Rate of dividend = 9%

i. Dividend = No. of shares × N.V. × Rate of dividend

= `560 xx 25 xx 9/100`

= ₹ 1,260

ii. Investment = No. of shares × M.V.

= 560 × 30

= ₹ 16,800

∴ Rate of interest on investment = `"Dividend"/"Investment" xx 100`
= `(1,260)/(16,800) xx 100`

= 7.5%

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Shares and Dividends - EXERCISE 3 [पृष्ठ ३०]

APPEARS IN

आर.एस. अग्रवाल Mathematics [English] Class 10 ICSE
अध्याय 3 Shares and Dividends
EXERCISE 3 | Q 8. | पृष्ठ ३०

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

How much should a man invest in Rs. 50 shares selling at Rs. 60 to obtain an income of Rs. 450, if the rate of dividend declared is 10%. Also find his yield percent, to the nearest whole number.


How much money will be required to buy 200, Rs. 25 shares at a premium of Rs. 2?


A man bought Rs. 40 shares at a discount of 40%. Find his income, if he invests Rs. 12,000 in these shares and receives a dividend at the rate of 11% on the face value of the shares.


Rani has 500 shares of Rs 125 each of a company paying 12% dividend. Find her net income after paying 5% income tax.


Divya invested Rs 50,000 in buying shares of Rs 125 each of 'Hitech Technologies'. She sold half of them when they were at a premium of 24% and the remaining half when they were at a discount of 20%. Find her gain or loss in the transaction.


Saurav invested 10%, 30% and 40% of his savings in buying shares of 3 different companies A, B and C which declared dividends of 12%, 15% and 16% respectively. If Saurav's total income from dividends is Rs 3,025, find his savings and the amount invested in each company.


Tarun invested Rs 24,000 and Rs 30,000 in buying Rs 100 at par shares of 'Vam Organics' and 'Hero Honda' which later declared dividend of 12% and 15% respectively. After collecting the dividends Tarun sold the shares as their prices had fallen by Rs 5 and Rs 10 respectively. Find Tarun's earnings from the above transactions.


Amitesh had 400 shares of Rs 100 each of 'Telco' paying a dividend of 12.5%. He sold them at a market price of Rs 125 and invested the proceeds in Rs 50 shares of 'Adani Motors' available in the market at Rs 80 and paying a dividend of 16%. How many shares of Adani Motors did Amitesh buy and what is the change in his annual income?


Payal had Rs 125 shares of 'Asian Chemicals' paying 12% dividend. She sold them at Rs 150 and invested the proceeds in Rs 50 shares of 'Saras Chemicals' at Rs 40 and paying 10% dividend. She thus increased her income by Rs 825. Find the number of shares of 'Asian chemicals' that Payal sold.


Ananth had Rs 50 shares of 'Esco' paying 6% dividend. He sold them at a market price of Rs 80 and invested the proceeds in buying Rs 100 shares of 'Y2K Software' at Rs 150 and paying 11% dividend. He thus increased his annual income by Rs 2,150. How many shares of 'Esco' did he sell?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×