A man buys 200 tenrupee shares at Rs 1250 each and receives a dividend of 8 Find the amount invested...

Question

A man buys 200 tenrupee shares at Rs 1250 each and receives a dividend of 8 Find the amount invested by him and the dividend received by him in cash

Accepted Answer

Given face value of shares Rs 10 Number of shares 200 Therefore face value of 200 shares 10 200 Rs 2000 Now amount invested for the purchase of 200 shares at the rate of Rs 1250 each 1250 200 Rs 2500 Given that rate of dividend 8 Therefore total amount of dividend 2000 8100 Rs 160

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