A man buys shares at the par value of Rs yielding 8 dividend at the end of a year Find the number of...

Question

A man buys shares at the par value of Rs yielding 8 dividend at the end of a year Find the number of shares bought if he receives a dividend of Rs 300

Accepted Answer

Given face value of each share Rs 10 Rate of dividend 8 per annum Total dividend Rs 300 Therefore total face value of shares 300 100 8 Rs 3750 Number of shares 375010 375

ML Aggarwal Solutions Class 10 Mathematics Solutions for Shares and Dividends Exercise 3 in Chapter 3 - Shares and Dividends