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Rani Has 500 Shares of Rs 125 Each of a Company Paying 12% Dividend. Find Her Net Income After Paying 5% Income Tax. - Mathematics

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प्रश्न

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

योग
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उत्तर

No. of shares = 500

Nominal value of each share =Rs 125 

Face value of 500 shares =Rs ( 125 x 500) =Rs 62,500 

Rate of dividend = 12°10 

Total dividend = `(62500 xx 12)/100` = Rs 7500

Rate of income tax = 5 %

Total tax = `(5 xx 7500)/100` = Rs 375

Net income = Rs (7,500 - 37 5) = Rs 7, 125 

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अध्याय 4: Shares and Dividends - Exercise 4.1 [पृष्ठ ६१]

APPEARS IN

फ्रैंक Mathematics - Part 2 [English] Class 10 ICSE
अध्याय 4 Shares and Dividends
Exercise 4.1 | Q 4 | पृष्ठ ६१

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