Home
Class 10
MATHS
Ashok and Sandeep invest 18000rs each in...

Ashok and Sandeep invest `18000rs` each in buying shares of two different companies. Ashok buys `7.5%` `100rs` shares at a discount of `20%`, whereas Sandeep buys `50rs` shares at a premium of `20%` . If both receive equal dividend at the end of the year, find the rate of dividend received by Sandeep.

Text Solution

Verified by Experts

The correct Answer is:
`11.25%`
Promotional Banner

Topper's Solved these Questions

  • SHARES AND DIVIDENDS

    ICSE|Exercise Exercise 3(A)|15 Videos
  • SHARES AND DIVIDENDS

    ICSE|Exercise Exercise 3(B)|20 Videos
  • SECTION AND MID-POINT FORMULA

    ICSE|Exercise QUESTIONS|17 Videos
  • SIMILARITY

    ICSE|Exercise MULTIPLE CHOICE QUESTIONS (COMPETENCY BASED QUESTIONS)|10 Videos

Similar Questions

Explore conceptually related problems

Two brothers A and B invest 16000rs each in buying shares of two companies. A buys 3% hundread-rupee shares at 80 and B buys ten-rupee shares at par. If they both receive equal dividend at the end of the year, find the rate percent of the dividend received by B.

Mr.Parkeh invested 52000 on 100rs shares at a discount of 20rs paying 8% dividend. At the end of one year he sells the shares at a premium of 20rs . Find (i) the annual dividend (ii) the profit earned including his dividend

Mrs. Kulkarni invests 131040rs in buying 100rs shares at a discount of 9% . She sells shares worth 72000 at a premium of 10% and the rest at a discount of 5% . Find her total gain or loss on the whole.

Divide 50760rs into two parts such that if one part is invested in 8% 100rs shares at 8% discount and the other in 9% 100rs shares at 8% premium the annual incomes from both the investments are equal

A man buys 400 twenty rupee shares at a discount of 20% and receives a return of 12% on his money. Calculate : (i) the amount invested by him (ii) the rate of dividend paid by the company

A man invests 8800rs in buying shares of a company of face value of rupees hundred each at a premium of 10% . If he earns 1200rs at the end of the year as dividend, find : (i) the number of shares he has in the company (ii) the dividend percent per share.

A man invsets Rs 22,500 in Rs 50 shares available at 10% discount, If the dividend paid by the company is 12%, calculate the annual dividend received.

John had 1000 shares of a company with a face value of 40rs and paying 8% dividend. He sold some of these shares at a discount of 10% and invested the proceeds in 20rs shares at a premium of 50% and paying 12% dividend. If the change in his income is 192rs , find the number of shares sold by John.

Divide 40608 rs into two parts such that if one part is invested in 8% 100rs shares at 8% discount and the other part is invested in 9% Rs 100 shares at 8% premium , the annual incomes from both the investments are equal.

A man invested Rs 9,000 in 3% (Rs 100) shares at a discount of 10% He sold all the shares at the rate of Rs 95 each and invested the processed in 4% (Rs 50) shares at par. Find the change in his income.

ICSE-SHARES AND DIVIDENDS-Exercise 3(C )
  1. Ashok and Sandeep invest 18000rs each in buying shares of two differen...

    Text Solution

    |

  2. By investing 45000rs in 10% 100rs shares, Shared gets 3000rs as divide...

    Text Solution

    |

  3. Mrs. Kulkarni invests 131040rs in buying 100rs shares at a discount of...

    Text Solution

    |

  4. A man invests a certain sum in buying 15% 100rs shares at 20% premium....

    Text Solution

    |

  5. Gagan invested 80% of his savings in 10% 100rs shares at 20% premium a...

    Text Solution

    |

  6. Ashwarya bought 496, 100rs shares at 132rs each. Find (i) investment...

    Text Solution

    |

  7. Gopal has some 100rs shares of company A, paying 10% dividend. He sell...

    Text Solution

    |

  8. A man invests a certain sum of money in 6% hundread rupee shares at 12...

    Text Solution

    |

  9. Mr. Gupta has a choice to invest in ten-rupee shares of two firms at 1...

    Text Solution

    |

  10. Ashok invested 26400rs in 12% , 25rs shares of a company. If he receiv...

    Text Solution

    |

  11. A man invested 45000rs in 15% 100rs shares quoted at 125rs. When the M...

    Text Solution

    |

  12. Mr. Tiwari invested 29040rs in 15% 100rs shares quoted at a premium of...

    Text Solution

    |

  13. A dividend of 12% was declared on 150rs shares selling at a certain pr...

    Text Solution

    |

  14. Divide 50760rs into two parts such that if one part is invested in 8% ...

    Text Solution

    |

  15. Mr. Shameem invested 33.(1)/(3)% of his savings in 20% 50rs shares quo...

    Text Solution

    |

  16. Vivek invests 4500rs in 8% 10rs shares at 15rs. He sells the shares wh...

    Text Solution

    |

  17. Mr.Parkeh invested 52000 on 100rs shares at a discount of 20rs paying ...

    Text Solution

    |

  18. Salman buys 50 shares of face value 100rs available at 132rs (i) Wha...

    Text Solution

    |

  19. Salman invests a sum of money in 50rs shares paying 15% dividend quote...

    Text Solution

    |

  20. Rohit invested 9600rs on 100rs shares at 20rs premium paying 8% divid...

    Text Solution

    |

  21. How much should a man invest in 50rs shares selling at 60rs to obtain ...

    Text Solution

    |