M l aggarwal understanding icse mathematics class 10 Solutions for Chapter 3 shares and dividends

Exercises in Chapter 3 shares and dividends Grade 10

Shares and Dividends Exercise 3

Questions in Shares and Dividends Exercise 3

Find the dividends received on 60 shares of Rs 20 each if 9% dividend is declared.

If a man received ₹1080 as dividend from 9% ₹20 shares, find the number of shares purchased by him.

Find the percentage interest on capital invested in 18% shares when a Rs 10 share costs Rs 12.

A company declares 8 percent dividend to the share holders. If a man receives a Rs.2840 as his dividend, find the nominal value of his shares.

Rohit Kulkarni invests Rs 10000 in 10% Rs 100 shares of a company. If his annual dividend is Rs 800, find :

(i)The market value of each share.

(ii)The rate percent which he earns on his investment.

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.

At what price should a 9% Rs 100 share be quoted when the money is worth 6%?

Find the market price of 5% share when a person gets a dividend of Rs 65 by investing Rs. 1430.

By selling at Rs 92, some 2.5% Rs 100 shares, and investing the proceeds in 5% Rs100 shares at Rs 115, a person increased his annual income by Rs 90. Find:

(i)the number of shares sold.

(ii)the number of shares purchased.

(iii)the new income.

(iv)the rate percent which he earns on his investment.

Salman buys 50 shares of face value Rs 100 available at Rs 132.

(i) what is his investment?

(ii) If the dividend is 7.5% p.a., what will be his annual income?

(iii) If he wants to increase his annual income by Rs 150, how many extra shares

should he buy?

A lady holds 1800, Rs. 100 shares of a company that pays 15% dividend annually.

Calculate her annual dividend. If she had bought these shares at 40% premium, what

percentage return does she get on her investment? Give your answer to the nearest

integer.

What sum should a person invest in Rs 25 shares, selling at Rs 36, to obtain an

income of Rs 720, if the dividend declared is 12%? Also find the percentage return on

his income.

(i) The number of shares bought by him.

(ii) The percentage return on his income.

Ashok invests Rs 26400 on 12% Rs 25 shares of a company. If he receives a dividend of Rs 2475, find:

(i) The number of shares he bought.

(ii) The market value of each share.

Amit kumar invests Rs 36000 in buying Rs 100 shares at Rs 20 premium. The dividend is 15% per annum. Find:

(i) The number of shares he buys

(ii) His yearly dividend

(iii) The percentage return on his investment.

Give your answer to the nearest whole number.

Mr. Tiwari invested Rs 29040 in 15% Rs 100 shares at a premium of 20%. Calculate:

(i) The number of shares bought by Mr. Tiwari

(ii) Mr. Tiwari’s income from the investment

(iii) The percentage return on hid investment.

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.

A man invests Rs 8800 on buying shares of face value of rupees hundred each at a premium of 10%. If he earns Rs 1200 at the end of year as dividend, find:

(i) The number of shares he has in this company

(ii) The dividend percentage per share.

A man invested Rs 45000 in 15% Rs 100 shares quoted at Rs 125. When the market value of these shares rose to Rs 140, he sold some shares, just enough to raise Rs 8400. Calculate:

(i) The number of shares he still holds.

(ii) The dividend due to him on these shares.

A company pays a dividend of 15% on its ten – rupee shares from which it deducts tax at the rate of 22%. Find the annual income of a man, who owns one thousand shares of his company.

Ajay owns 560 shares of a company. The face value of each share is Rs 25. The company declares a dividend of 9%. Calculate

(i) The dividend that Ajay will get

(ii) The rate of interest, on his investment if Ajay has paid Rs. 30 for each share.

A company with 10000 shares of nominal value of Rs 100 declares an annual dividend of 8% to the share holders.

(i) Calculate the total amount of dividend paid by the company

(ii) Ramesh bought 90 shares of company at Rs 150 per share.

Calculate the dividend he received and the percentage return on his investment.

A company with 4000 shares of nominal value of Rs. 110 declares annual dividend of 15%. Calculate :

(i) the total amount of dividend paid by the company,

(ii) the annual income of Shah Rukh who holds 88 shares in the company,

(iii) if he received only 10% on his investment, find the price Shah Rukh paid for each share. (2008)

By investing Rs. 7500 in a company paying 10 percent dividend, an income of Rs. 500 is received. What price is paid for each Rs. 100 share?

A man invests Rs. 8000 in a company paying 8% dividend when a share of face value of Rs. 100 is selling at Rs. 60 premium,

(i) What is his annual income,

(ii) What percent does he get on his money ?

A man buys 400 ten-rupee shares at a premium of Rs. 2.50 on each share. If the rate of dividend is 8%, Find,

(i) his investment

(ii) dividend received

(iii) yield.

A man invests Rs. 10400 in 6% shares at Rs. 104 and Rs. 11440 in 10.4% shares at Rs. 143. How much income would he get in all ?

Two companies have shares of 7% at Rs. 116 and 9% at Rs. 145 respectively. In which of the shares would the investment be more profitable ?

Which is better investment : 6% Rs. 100 shares at Rs. 120 or 8% Rs. 10 shares at Rs. 15

A man invests Rs -10080 in 6% hundred- rupee shares at Rs. 112. Find his annual income. When the shares fall to Rs. 96 he sells out the shares and invests the proceeds in 10% ten-rupee shares at Rs. 8. Find the change in his annual income.

A man bought 360 ten-rupee shares paying 12% per annum. He sold them when the price rose to Rs. 21 and invested the proceeds in five-rupee shares paying 4 ½ % per annum at Rs. 3.5 per share. Find the annual change in his income.

A person invests Rs. 4368 and buys certain hundred-rupee shares at 91. He sells out shares worth Rs. 2400 when they have t risen to 95 and the remainder when they have fallen to 85. Find the gain or loss on the total transaction.

By purchasing Rs. 50 gas shares for Rs. 80 each, a man gets 4% profit on his investment. What rate percent is company paying ? What is his dividend if he buys 200 shares ?

Rs. 100 shares of a company are sold at a discount of Rs. 20. If the return on the investment is 15%. Find the rate of dividend declared.

A company declared a dividend of 14%. Find tire market value of Rs. 50 shares if the return on the investment was 10%.

At what price should a 6.25% Rs. 100 shares be quoted when the money is worth 5%?