मराठी

Yash Has 1200 Shares of Rs 150 Each of 'Honeywell Corporation' Paying 18% Dividend. Find His Net Income After Paying.

Advertisements
Advertisements

प्रश्न

Yash has 1200 shares of Rs 150 each of 'Honeywell Corporation' paying 18% dividend. Find his net income after paying.

बेरीज
Advertisements

उत्तर

No. of shares = 1200

Nominal value of each share =Rs 150 

Face value of 1200 shares= Rs (150 x 1200) =Rs 1,80,000 

Rate of dividend = 18 %

Total dividend = `(180000 xx 18)/100` = Rs 32400

Rate of income tax = 8 %

Total tax = `(8 xx 32400)/100` = Rs 2592

Net income = Rs (32,400 - 2,592) = Rs 29,808 

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 3: Shares and Dividends - Exercise 4.1 [पृष्ठ ६१]

APPEARS IN

फ्रँक Mathematics Part 2 [English] Class 10 ICSE
पाठ 3 Shares and Dividends
Exercise 4.1 | Q 5 | पृष्ठ ६१

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

A man bought Rs. 40 shares at a discount of 40%. Find his income, if he invests Rs. 12,000 in these shares and receives a dividend at the rate of 11% on the face value of the shares.


Anu has 750 shares of Rs 60 each of 'Tata Infotech' paying 15% dividend. Find her net income after paying 6% income tax.


Divya invested Rs 50,000 in buying shares of Rs 125 each of 'Hitech Technologies'. She sold half of them when they were at a premium of 24% and the remaining half when they were at a discount of 20%. Find her gain or loss in the transaction.


Bhavana invested Rs 20,000 and Rs 25,000 in buying shares of 'Bharati Telecom' and 'Satyam Infoways' which later declared dividend of 10% and 12.5% respectively. After collecting the dividends Bhavana sells all her shares at a loss of 4% and 5% respectively on her investments. Find her total earnings.


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?


Rohit had 1000 shares of Rs 125 each of 'New Delhi Times' paying a dividend of 12%. He sold all of them at a market rate of Rs 150 and invested the proceeds in buying Rs 25 shares of BVL available at Rs 60 and paying 20% dividend. How many shares of BVL did Rohit buy and what is the change in his annual income?


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?


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?


Ananth had Rs 50 shares of 'Esco' paying 6% dividend. He sold them at a market price of Rs 80 and invested the proceeds in buying Rs 100 shares of 'Y2K Software' at Rs 150 and paying 11% dividend. He thus increased his annual income by Rs 2,150. How many shares of 'Esco' did he sell?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×