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Question
Sangeeta’s monthly income is Rs. 25,000. She spent 90% of her income and donated 3% for socially useful causes. How much money did she save ?
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Solution
(90 + 3)% of income is used.
7% of income is saved
⇒ `7/100 xx 25000` = 1750
Saved amount = Rs. 1750
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RELATED QUESTIONS
Complete the following table by writting suitable numbers and words.
| Sr.No | FV | Share is at | MV |
| (1) | Rs 100 | par | ... |
| (2) | ... | premium Rs 500 | Rs 575 |
| (3) | Rs 10 | ... | Rs 5 |
Joseph purchased following shares, Find his total investment.
| Company A : 200 shares, | FV = Rs 2 | Premium = Rs 18 |
| Company B : 45 shares, | MV = Rs 500 | |
| Company C : 1 share, | MV = Rs 10,540. |
Market value of a share is Rs 200. If the brokerage rate is 0.3% then find the purchase value of the share.
Write the correct alternative for the following questions.
What is the amount of dividend received per share of face value Rs 10 and dividend declared is 50%.
Find the purchase price of a share of FV Rs 100 if it is at premium of Rs 30. The brokerage rate is 0.3%.
Market value of shares and dividend declared by the two companies is given below. Face Value is same and it is Rs. 100 for both the shares. Investment in which company is more profitable ?
(1) Company A - Rs 132, 12%
(2) Company B - Rs 144, 16%
Shri Shantilal has purchased 150 shares of FV ₹ 100, for MV of ₹ 120, Company has paid dividend at 7%, then to find the rate of return on his investment, complete the following activity:
Solution: FV = ₹ 100; Number of shares = 150
Market value = ₹ 120
1. Sum investment = MV × No. of Shares
= `square xx square`
∴ Sum investment = ₹ 18,000
2. Dividend per share = FV × Rate of dividend
= `square xx square/100`
= ₹ 7
∴ Total dividend received = 150 × 7
= `square`
3. Rate of return = `"Dividend income"/"Sum inve ted" xx 100`
= `1050/18000 xx 100`
= `square`
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Smita has invested \( ₹12,000 \) and purchased shares of FV \( ₹10 \) at a premium of \( ₹2 \). How many shares did she purchase?
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