questions on shares and dividend class 10 icse
Solution: Market value of 1 share = ₹ 16 Nominal value of 1share = ₹ 10 Money invested = ₹ 3,072, Question 8. A man invests ₹ 8,800 in buying shares of a company of face value of rupees hundred each at a premium of 10%. 4,500 in 8%, Rs.10 shares at Rs. If his annual dividend is ₹ 600, calculate : (i) The number of shares he bought. ₹ 50 shares of a company are quoted at a discount of 10%. Question 16. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Solution: Nominal value of 1 share = ₹ 50 Market value of 1 share = ₹ 50 + ₹ 10 = ₹ 60 Market value of 320 shares = 320 x 60 = ₹ 19,200 Nominal value of 320 shares = 320 x 5 = ₹ 16,000, Question 10. (ii) Mr. Tiwari’s income from the investment. He sold the shares when their price rose to ₹ 21 per share and invested the proceeds in five-rupee shares paying 4.5 percent per annum at ₹ 3.50 per share. Solution: Question 7. And, the amount obtained on selling x shares = Rs 80x How much should a man invest in Rs. If a man received ₹1080 as dividend from 9% ₹20 shares, find the number of shares purchased by him. To practise more problems from this chapter, explore our ICSE Class 10 Maths Frank solutions, sample paper solutions and previous years’ question papers. Find the market value of each share. A man buys 75, ₹ 100 shares of a company which pays 9 percent dividend. Solution: More Resources for Selina Concise Class 10 ICSE Solutions, Filed Under: ICSE Tagged With: Selina ICSE Solutions for Class 10 Maths, Selina ICSE Solutions for Class 10 Maths - Shares and Dividends, ICSE Previous Year Question Papers Class 10, Concise Mathematics Class 10 ICSE Solutions, Concise Chemistry Class 10 ICSE Solutions, Selina ICSE Solutions for Class 10 Maths - Shares and Dividends, Concise Mathematics Class 9 ICSE Solutions, SC Certificate | Format, Benefits, Validity and Application Process, Ownership Certificate | Format and Application Process of Ownership Certificate, Adoption Certificate | Required Documents and Format of Adoption Certificate, Plus Two Computer Application Chapter Wise Questions and Answers Chapter 5 Web Designing Using HTML, Plus Two Computer Application Chapter Wise Questions and Answers Chapter 4 Web Technology, CDA Certificate | Benifits, Eligibility and Application Process, Plus Two Computer Application Chapter Wise Questions and Answers Chapter 3 Functions, Health Certificate | Health Certificate for job and Format, Plus Two Computer Application Chapter Wise Questions and Answers Chapter 2 Arrays, Plus Two Computer Application Chapter Wise Questions and Answers Chapter 1 Review of C++ Programming, Plus Two Business Studies Previous Year Question Paper March 2019. 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. Solution: Total investment = ₹ 7,500 Nominal value of 1 share = ₹ 100 No. Find : (i) The net annual income of Gopal who owns 7,200 shares of this company (ii) The sum invested by Ramesh when the shares of this company are bought by him at 20% premium and the gain required by him(after deduction of income tax) is ₹ 9,000 Solution: Mr. Joseph sold some ₹ 100 shares paying 10% dividend at a discount of 25% and invested the proceeds in ₹ 100 shares paying 16% dividend at a discount of 20%. 30, and invests the proceeds in 12% Rs. A lady holds 1800, ₹ 100 shares of a company that pays 15% dividend annually. Ashwarya bought 496, ₹ 100 shares at ₹ 132 each, find : (i) Investment made by her (ii) Income of Ashwarya from these shares, if the rate of dividend is 7.5%. 8,800 in buying shares of a company of face value of Rs. 600, Calculate; i) The number of shares he bought; ii) His total investment; ii) The rate of return on his investment. 1.50 discount. Question 9. 1680 in buying shares of nominal value Rs. 100 shares at a discount of Rs. Solution: Nominal value of 1 share = ₹ 50 Nominal value of 300 shares = 300 × 50 = ₹ 15,000 His net income = ₹ 3,000 – ₹ 90 = ₹ 2,910, Question 12. Question 1. , Question 8: Salman buys 50 shares of face value Rs. Visit official Website CISCE for detail information about ICSE Board Class-10. (iii) the rate of interest he gets on his money. Find the rate of dividend given by the company, the return on the investment on these shares being 20 percent.
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