हिंदी

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.

Advertisements
Advertisements

प्रश्न

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.

योग
Advertisements

उत्तर

Total investment = Rs (24,000+30,000) = Rs 54,000 

No. of shares of 'Vam Organics' = `"money invested"/"Cost of one share" = 24000 /100 = 240`

No. of shares of 'Hero Honda' = `"money invested"/"Cost of one share" = 30000/100 = 300`

Dividend given by 'Vam Organics' = 12 % = Rs `(12 xx 24000)/100` = Rs 2880

Dividend given by 'Hero Honda' = 15 % = Rs `(15 xx 30000)/100` = Rs 4500

Total dividend earned = Rs (2,880+4,500) =Rs 7,380 

Money earned by selling shares of 'Varn Organics' = Rs (95 x 240) 

= Rs 22,800 

Money earned by selling shares of 'Hero Honda' = Rs (90 x 300) 

= Rs 27,000 

Total money earned by selling shares = Rs (22,800+27,000) = Rs 49,800 

Total earnings = money earned by selling shares +dividends earned 

=Rs (49,800+7,380) = Rs 57,180 

Tarun's earnings from the transactions= Rs (57, 180-54,000) 

= Rs 3,180 

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Shares and Dividends - Exercise 4.2 [पृष्ठ ६३]

APPEARS IN

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

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

Mr. Gupta has a choice to invest in ten-rupee shares of two firm at Rs. 13 or at Rs. 16. If the first firm pays 5% dividend and the second firm pays 6% dividend per annum, find:

  1. which firm is paying better.
  2. if Mr. Gupta invests equally in both the firms and the difference between the returns from them is Rs. 30, find how much, in all, does he invest?

Mahesh bought 600 shares of Rs 50 each of 'Excel Computers'. He sold one third of them when they were at a premium of Rs 20 and the remaining when they were at a discount of Rs 5. Find his gain or loss in the transaction.


Ashutosh invested Rs 58,500 in buying shares of Rs 150 each of 'Van Chemicals', when it was available in the market at a premium of 30%. He sells one third of them at a market rate of Rs 215, one third of them at a market rate of Rs 195 and the rest at Rs 175. Find his loss or gain from 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.


Vikram bought 200 shares of Rs 25 each of 'Calcutta Jute Co.' paying 8% of dividend. Vikram bought them at such a price that he gets 10% of his money. At what price did he buy the share?


Which among these is a better investment:

18% at 120 or 22% at 150


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?


Mr Lal wants to give a monthly scholarship of Rs 225 to a poor student. How many 15%, Rs 100 shares of 'Mercantile Co-operative Bank' should he purchase to realize his aim? What will be his investment if the market price of the share is Rs 120?


Ramesh had Rs 100 shares of 'Bihar Steel' paying 8% dividend. He sold them at a market price of Rs 130 and invested the proceeds in buying Rs 50 shares of 'Jindal steel' available at Rs 75 and paying 12% dividend. He thus increased the annual income by Rs 360. How many shares did Ramesh sell?


Krithika wants to invest Rs 10,000 in shares of different companies such that the percentage return on her investment is 8%. She invested Rs 4,500 in 6% Rs 100 shares at Rs 75, Rs 2,500 in 8% Rs 100 shares at par and the rest in 16% Rs 100 shares. Find the rate at which she bought the 16% shares.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×