Home
Class 10
MATHS
By purchasing 25rs shares for 40rs each,...

By purchasing `25rs` shares for `40rs` each, a man gets 4 percent profit on his investments. What are rate percent is the company paying ? What is his dividend if he buys 60 shares ?

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow these calculations: ### Step 1: Identify the nominal value and market value of shares - **Nominal Value (Face Value) of one share** = ₹25 - **Market Value of one share** = ₹40 ### Step 2: Calculate the profit on investment - Given that the man gets a **4% profit** on his investment. - The profit can be calculated as: \[ \text{Profit} = \text{Profit Percentage} \times \text{Market Value} \] \[ \text{Profit} = 4\% \text{ of } 40 = \frac{4}{100} \times 40 = ₹1.60 \] ### Step 3: Calculate the dividend percentage - The dividend percentage can be calculated using the formula: \[ \text{Dividend Percentage} = \left( \frac{\text{Profit on one share}}{\text{Nominal Value}} \right) \times 100 \] \[ \text{Dividend Percentage} = \left( \frac{1.60}{25} \right) \times 100 = 6.4\% \] ### Step 4: Calculate the dividend for 60 shares - To find the dividend for 60 shares, we use the profit on one share: \[ \text{Dividend on 60 shares} = \text{Number of Shares} \times \text{Profit on one share} \] \[ \text{Dividend on 60 shares} = 60 \times 1.60 = ₹96 \] ### Final Answers - **Dividend Percentage**: 6.4% - **Dividend for 60 shares**: ₹96 ---
Promotional Banner

Topper's Solved these Questions

  • SHARES AND DIVIDENDS

    ICSE|Exercise Exercise 3(C )|20 Videos
  • SHARES AND DIVIDENDS

    ICSE|Exercise Exercise 3(A)|15 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

A man invests Rs 9600 on 100 shares at Rs 80. If the company pays him 18% dividend find : the number of shares he buys.

A man buys 75, 100rs shares paying 9 percent dividend. He buys shares at such a price that he gets 12 percent of his money. At what price did he buy the shares ?

By selling an article for Rs 240, a man makes a profit of 20%.What is his C.P.? What would his profit percent be if he sold the article for Rs 275?

By selling a fan for Rs. 810, a dealer makes a profit of Rs. 60. What is the cost price of the fan? What is his profit percent?

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

A man invests Rs 9600 on Rs 100 shares at Rs 80. If the company pays him 18% dividend find : (iii) his percentage return on the shares.

A man buys a 80rs share in a company which pays 20% dividend. He buys the share at such a price that his profit is 16% on his investment. At what price did he buy the share ?

A man sells 60 , 15rs shares of a company paying 12 percent dividend, at 21rs each and invests the proceedsin 6rs shares of another company at 9rs each. Find his change in income, if the second company pays a dividend of 8 percent

A man invests Rs 9600 on Rs 100 shares at Rs 80. If the company pays him 18% dividend find : (ii) his total dividend.

A man sold 400 (20rs) shares of a company, paying 5% at 18rs and invested the proceeds in (10rs) shares of another company paying 7% at 12rs . How many ( 10rs) shares did he buy and what was the change in his income ?

ICSE-SHARES AND DIVIDENDS-Exercise 3(B)
  1. A man buys 75, 100rs shares paying 9 percent dividend. He buys shares ...

    Text Solution

    |

  2. By purchasing 25rs shares for 40rs each, a man gets 4 percent profit o...

    Text Solution

    |

  3. Hundread rupee shares of a company are available in the market at a pr...

    Text Solution

    |

  4. 50rs shares of a company are quoted at a discount of 10%. Find the ra...

    Text Solution

    |

  5. A company declares 8 percent dividend to the share holders. If a man r...

    Text Solution

    |

  6. How much should a man invest in 100rs shares selling at 110rs to obtai...

    Text Solution

    |

  7. A company declares a dividend of 11.2% to all its share holders. If it...

    Text Solution

    |

  8. A man buys 400, twenty-rupee shares at a premium of 4rs each and recei...

    Text Solution

    |

  9. A man buys 400 twenty rupee shares at a discount of 20% and receives a...

    Text Solution

    |

  10. A company with 10000 shares of 100rs each declares an annual dividend ...

    Text Solution

    |

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

    Text Solution

    |

  12. A man ivests 11200rs in a company paying 6 percent per annum when its ...

    Text Solution

    |

  13. Mr. Sharma has 60 shares of N.V. 100rs and sells them when they are a ...

    Text Solution

    |

  14. A company with 10000 shares of nominal value 100rs declares an annual ...

    Text Solution

    |

  15. Which is the better investment 16% 100rs shares at 80 or 20% 100rs sha...

    Text Solution

    |

  16. A man has a choice to invest in hundread rupee shares of two firms at ...

    Text Solution

    |

  17. A man bought 360 ten- rupee shares of a company paying 12 percent per ...

    Text Solution

    |

  18. A man sold 400 (20rs) shares of a company, paying 5% at 18rs and inves...

    Text Solution

    |

  19. Two brothers A and B invest 16000rs each in buying shares of two compa...

    Text Solution

    |

  20. A man invests 20020rs in buying shares of N.V. 26rs at 10% premium. Th...

    Text Solution

    |