## ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends MCQS

Question 1.

If Jagbeer invest ₹10320 on ₹100 shares at a discount of ₹ 14, then the number of shares he buys is

(a) 110

(b) 120

(c) 130

(d) 150

Solution:

Question 2.

If Nisha invests ₹19200 on ₹50 shares at a premium of 20%, then the number of shares she buys is

(a) 640

(b) 384

(c) 320

(d) 160

Solution:

Question 3.

₹ 40 shares of a company are selling at a 25% premium. If Mr Jacob wants to buy 280 shares of the company, then the investment required by him is

(a) ₹ 11200

(b) ₹ 14000

(c) ₹ 16800

(d) ₹ 8400

Solution:

Question 4.

Arun possesses 600 shares of ₹25 of a company. If the company announces a dividend of 8%, then Arun’s annual income is

(a) ₹ 48

(b) ₹ 480

(c) ₹ 600

(d) ₹ 1200

Solution:

Question 5.

A man invests ₹24000 on ₹60 shares at a discount of 20%. if the dividend declared by the company is 10%, then his annual income is

(a) ₹ 3000

(b) ₹ 2880

(c) ₹ 1500

(d) ₹ 1440

Solution:

Question 6.

Salman has some shares of ₹ 50 of a company paying a 15% dividend. If his annual income is ₹ 3000, then the number of shares he possesses is

(a) 80

(b) 400

(c) 600

(d) 800

Solution:

Question 7.

₹ 25 shares of a company are selling at ₹ 20. If the company is paying a dividend of 12%, then the rate of return is

(a) 10%

(b) 12%

(c) 15%

(d) 18%

Solution: