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A person buys 200, ₹ 25 shares at a premium of ₹ 5 each and receives a dividend of 10%. The amount of investment is ______. - Mathematics

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Question

A person buys 200, ₹ 25 shares at a premium of ₹ 5 each and receives a dividend of 10%. The amount of investment is ______.

Options

  • ₹ 5000

  • ₹ 6000

  • ₹ 4000

  • ₹ 2000

MCQ
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Solution

A person buys 200, ₹ 25 shares at a premium of ₹ 5 each and receives a dividend of 10%. The amount of investment is ₹ 6000.

Explanation:

Investment = 200 × ₹ 3

= ₹ 6000

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Chapter 3: Shares and dividends - Exercise 3B [Page 39]

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Nootan Mathematics [English] Class 10 ICSE
Chapter 3 Shares and dividends
Exercise 3B | Q 1. | Page 39
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