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

## 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:

ML Aggarwal Class 10 Solutions for ICSE Maths