ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Chapter Test
If a man received ₹1080 as dividend from 9% ₹20 shares, find the number of shares purchased by him.
Find the percentage interest on capital invested in 18% shares when a Rs 10 share costs Rs 12.
Rohit Kulkarni invests Rs 10000 in 10% Rs 100 shares of a company. If his annual dividend is Rs 800, find :
(i) The market value of each share.
(ii) The rate per cent which he earns on his investment.
At what price should a 9% Rs 100 share be quoted when the money is worth 6%?
By selling at Rs 92, some 2.5% Rs 100 shares and investing the proceeds in 5% Rs 100 shares at Rs 115, a person increased his annual income by Rs 90. Find:
(i) the number of shares sold.
(ii) the number of shares purchased.
(iii) the new income.
(iv) the rate per cent which he earns on his investment.
A man has some shares of Rs. 100 par value paying a 6% dividend. He sells half of these at a discount of 10% and invests the proceeds in 7% Rs. 50 shares at a premium of Rs. 10. This transaction decreases his income from dividends by Rs. 120. Calculate:
(i) the number of shares before the transaction.
(ii) the number of shares he sold.
(iii) his initial annual income from shares.
Divide Rs. 101520 into two parts such that if one part is invested in 8% Rs. 100 shares at 8% discount and the other in 9% Rs. 50 shares at 8% premium, the annual incomes are equal.
A man buys Rs. 40 shares of a company which pays a 10% dividend. He buys the shares at such a price that his profit is 16% on his investment. At what price did he buy each share?