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Karan Buys 125 Shares of Rs 100 Each of 'Reliance Technologies Ltd.' Which Pays a Dividend of 6%. He Buys Them at Such a Price that He Gets 4% of His Money.

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प्रश्न

Karan buys 125 shares of Rs 100 each of 'Reliance Technologies Ltd.' which pays a dividend of 6%. He buys them at such a price that he gets 4% of his money. At what price did Karan buy the share?

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उत्तर

Let Karan's investment be x.

Face value of 125 shares = Rs ( 100 x 125) = Rs 12,500 

Dividend for 125 shares = 6 %  of 12,500J = Rs `(6 xx 12500)/100` = Rs 750

He gets Rs 750 as dividend which is equal to 4°/o of money invested 

⇒ `(4 x)/100` = Rs 750

⇒ 4 x = Rs 75000 

⇒ x = Rs `75000/4`

⇒ x = Rs 18750

Hence, Karan invested Rs 18,750. 

No. of shares bought by Karan = 125 

Value of a share = Rs `18750/125` = Rs 150

Karan bought a share for Rs 150. 

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अध्याय 3: Shares and Dividends - Exercise 4.2 [पृष्ठ ६३]

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फ्रैंक Mathematics Part 2 [English] Class 10 ICSE
अध्याय 3 Shares and Dividends
Exercise 4.2 | Q 5 | पृष्ठ ६३

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