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Shares and Dividends | Shares and Dividends Exercise 3

Question 6

A man buys 200 ten-rupee shares at Rs. 12.50 each and receives a dividend of 8%.

Find the amount invested by him and the dividend received by him in cash.

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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. 12.50 each

= 12.50 × 200

= Rs. 2500

Given that rate of dividend = 8%

Therefore total amount of dividend = (2000 × 8)/100

= Rs. 160

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Our top 5% students will be awarded a special scholarship to Lido.

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Question 6

A man buys 200 ten-rupee shares at Rs. 12.50 each and receives a dividend of 8%.

Find the amount invested by him and the dividend received by him in cash.

Looking to do well in your science exam ? Learn from an expert tutor. Book a free class!

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. 12.50 each

= 12.50 × 200

= Rs. 2500

Given that rate of dividend = 8%

Therefore total amount of dividend = (2000 × 8)/100

= Rs. 160

Our top 5% students will be awarded a special scholarship to Lido.

subject-cta
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