He sells the shares when the price rises to Rs. Find the dividend received on 60 shares of Rs, 20 each if 9% dividend is declared. Solution: Total investment = ₹ 29,040 Nominal value of 1 share = ₹ 100 Market value of 1 share = ₹ 100+ 20% of ₹ 100 = ₹ 100 + ₹ 20 = ₹ 120 ∴ No of shares purchased = \(\frac { 29,040 }{ 120 }\) = 242 shares Nominal value of 242 shares = ₹ 100 x 242 = ₹ 24,200 Dividend% = 15% Dividend = 15% of ₹ 24,200 = \(\frac { 15 }{ 100 }\) × 24,200 = ₹ 3,630. Selina Concise Mathematics Class 10 ICSE Solutions Chapter 3 Shares and Dividend Ex 3B . iii) If he wants to increase his annual income by Rs. 7500 in a company paying 10% dividend, an annual income of Rs. 125 shares he buys; iii) The change in his annual income from dividend. (c) In a class of 40 students, marks obtained by the students in a class test (out of 10) are given below : [4] Calculate: (i) the number of shares bought by Mr. Tiwari. The dividend on the shares is 15% per annum. A lady holds 1800, ₹ 100 shares of a company that pays 15% dividend annually. Calculate: i) The number of shares he buys; ii) The dividend he receives. [2004]. (iii) the rate of interest he gets on his money. invested ₹ 29,040 in 15% Rs100 shares quoted at a premium of 20%. If you have any doubts, please comment below. A man has 300, ₹ 50 shares of a company paying 20% dividend. Question 3: By investing Rs. Calculate: i) The number of shares he buys; ii) The dividend he receives. Reply. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), 2012 ICSE (Class 10) Board Paper Solution: Mathematics, Class 10: Shares and Dividend – ICSE Board Problems, ICSE / ISC / CBSE Mathematics Portal for K12 Students, ICSE CBSE ISC Board Mathematics Portal for Students, Follow ICSE / ISC / CBSE Mathematics Portal for K12 Students on WordPress.com. (iii) If he wants to increase his annual income by ₹ 150, how many extra shares should he buy? Calculate: (i) the number of shares he buys; (ii) the dividend he receives annually. [2012], Question 5: A man invested Rs. How many (₹ 10) shares did he buy and what was the change in his income? Most Popular. Question 1. The first firm pays a dividend of 5% per annum and the second firm pays a dividend of 6% per annum. (ii) his total income from the shares. 24 and selling at 12% premium. The nominal value of each share = Rs 100. ii) The dividend percent per share. Solution: For A Total investment = ₹ 16,000 Nominal value of 1 share = ₹ 100 Market value of 1 share = ₹ 80 ∴ No of shares purchased = \(\frac { 16,000 }{ 80 }\) = 200 shares Nominal value of 200 shares = ₹ 100 × 200 = ₹ 20,000 Dividend% = 3% Dividend = 3% of ₹ 20,000 = \(\frac { 3 }{ 100 }\) × 20,000 = ₹ 600 For B Total investment= ₹ 16,000 Nominal value of 1 share= ₹ 10 Market value of 1 share= ₹ 10 ∴ No of shares purchased = \(\frac { 16,000 }{ 10 }\) = 1600 shares Nominal value of 1600shares= 10 × 1600= ₹ 16,000 Dividend received by B = Dividend received by A = ₹ 600, Question 20. Find her total gain or loss on the whole. (iii) Purchasing Rs. Find : (i) His income from one share (ii) The number of shares bought to have an income, from the dividend, ₹ 6480 (iii) Sum invested Solution: Question 4. Solution: Nominal value of 1 share = ₹ 5 Market value 1 share = ₹ 5 + ₹ 1.15 = ₹ 6.15 Total money invested = ₹ 800 No of shares purchased = \(\frac { 800 }{ 5 }\) = 160 Market value of 160 shares = 160 × 6.15= ₹ 984 His profit = ₹ 984 – ₹ 800 = ₹ 184 profit = \(\frac { 184 }{ 800 }\) × 100% = 23%, Question 6. Solution: Nominal value of 1 share = ₹ 24 Market value of 1 share = ₹ 24+ 12% of ₹ 24 = ₹ 24+ ₹ 2.88= ₹ 26.88 Total investment = ₹ 1,680 ∴ No of shares purchased = \(\frac { 1680 }{ 26.88 }\) = 62.5 Nominal value of 62.5 shares = 62.5 x 24= ₹ 1,500 Dividend = 15% of ₹ 1,500 = \(\frac { 15 }{ 100 }\) × 1,500 = ₹ 225, Question 15. Give your answer to the nearest integer. A man invests ₹ 8,800 in buying shares of a company of face value of rupees hundred each at a premium of 10%. To register Maths Tuitions on Vedantu.com to clear your doubts. If his total income from these investments is ₹ 9,200; find : (i) his total savings (ii) the number of ₹ 50 share (iii) the number of ₹ 100 share. of shares purchased = n Then nominal value of n shares = ₹ (60n) Dividend% = 11.2% Dividend = ₹ 1,680 Then market value of 250 shares = 250 × 75 = ₹ 18,750, Question 8. Salman invests a sum of money in ₹ 50 shares, paying 15% dividend quoted at 20% premium. Question 1. Class 10 Maths Class 10 Physics. Find: (i) which company is giving a better return. Learn about stocks, shares and dividends. Find the number of shares originally held by Mr. Joseph. (iii) the percentage return on his investment. 50 shares selling at Rs. How much should a man invest in ₹ 100 shares selling at ₹ 110 to obtain an annual income of ₹ 1,680, if the dividend declared is 12%? A man bought 360, ten-rupee shares of a company, paying 12% per annum. Solution: Question 19. Find the annual income derived from 125, ₹ 120 shares paying 5% dividend. If his incomes from these shares is ₹ 5,600 calculate: (i) His investment in shares on the whole (ii) The number of shares of first kind that he bought (iii) Percentage return, on the shares bought on the whole. Also find his yield percent, to the nearest whole number. A man invests a certain sum on buying 15% ₹ 100 shares at 20% premium. 79 Qs. Further, solutions of this exercise questions are available in the Concise Selina Solutions for Class 10 Maths Chapter 3 Shares and Dividends Exercise 3(A) PDF in the links below. 20 paying 8% dividend. What price is paid for each of Rs.100 shares? (ii) if Mr. Gupta invests equally in both the firms and the difference between the returns from them is ₹ 30, find how much, in all, does he invest. ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends MCQS. Decides to sell them when they are at a discount of 20 % Dividends for Class ICSE. 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