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Gayathri Wants to Have a Monthly Income of Rs 500.For this She Purchased Rs 75 Shares of 'V.G.Electronics' Paying 20% Dividend

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प्रश्न

Gayathri wants to have a monthly income of Rs 500.For this she purchased Rs 75 shares of 'V.G.Electronics' paying 20% dividend. How many shares did Gayathri purchased and what is her investment if the market price of the share is Rs 62.50?

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उत्तर

Let x be the no. of shares purchased by Gayathri.

Value of x shares = Rs 75 xx = Rs 7 5x

Dividend for x no. of shares of V.G.Electronics = 20 % of Rs 75 x

= Rs `(20 xx 75 x)/100` = Rs 15 x 

Monthly income =Rs 500 = Dividend/12 

⇒ Rs `(15 x)/12` = Rs 500

⇒ Rs 15 x = Rs 6000

⇒ x = 400

Hence, Gayathri should purchase 400 shares. 

The market price for shares = Rs 62.50 Investment by

Gayathri at Rs 62.50 = Rs (62.50 x 400) = Rs 25,00

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अध्याय 3: Shares and Dividends - Exercise 4.2 [पृष्ठ ६४]

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फ्रैंक Mathematics Part 2 [English] Class 10 ICSE
अध्याय 3 Shares and Dividends
Exercise 4.2 | Q 14 | पृष्ठ ६४

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