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If the dividend received from 9% of ₹ 20 shares is ₹ 1,620, then find the number of shares. - Business Mathematics and Statistics

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प्रश्न

If the dividend received from 9% of ₹ 20 shares is ₹ 1,620, then find the number of shares.

बेरीज
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उत्तर

Income = Number of shares × Face value of a share × Rate of dividend

1620 = Number of shares × 20 × `9/100`

Number of shares = `(1620 xx 100)/(20 xx 9)` = 900 shares

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पाठ 7: Financial Mathematics - Exercise 7.2 [पृष्ठ १७१]

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सामाचीर कलवी Business Mathematics and Statistics [English] Class 11 TN Board
पाठ 7 Financial Mathematics
Exercise 7.2 | Q 3 | पृष्ठ १७१
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