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A company with 10000 shares of 100rs eac...

A company with `10000` shares of `100rs` each declares an annual dividend of `5%`
(i) What is the total amount of dividend paid by the company ?
(ii) What should be the annual income of man who has 72 shares in the company ?

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The correct Answer is:
To solve the problem step by step, we will address both parts of the question: ### Part (i): Total Amount of Dividend Paid by the Company 1. **Identify the number of shares and nominal value per share**: - Number of shares = 10,000 - Nominal value per share = ₹100 2. **Calculate the total nominal value of all shares**: \[ \text{Total nominal value} = \text{Number of shares} \times \text{Nominal value per share} = 10,000 \times 100 = ₹10,00,000 \] 3. **Identify the dividend percentage**: - Dividend percentage = 5% 4. **Calculate the total dividend paid by the company**: \[ \text{Total dividend} = \left(\frac{\text{Dividend percentage}}{100}\right) \times \text{Total nominal value} = \left(\frac{5}{100}\right) \times 10,00,000 = ₹50,000 \] ### Part (ii): Annual Income of a Man with 72 Shares 1. **Identify the number of shares owned by the man**: - Number of shares owned = 72 2. **Calculate the nominal value of the shares owned**: \[ \text{Nominal value of 72 shares} = \text{Number of shares owned} \times \text{Nominal value per share} = 72 \times 100 = ₹7,200 \] 3. **Calculate the annual income from the shares**: \[ \text{Annual income} = \left(\frac{\text{Dividend percentage}}{100}\right) \times \text{Nominal value of 72 shares} = \left(\frac{5}{100}\right) \times 7,200 = ₹360 \] ### Final Answers: - (i) Total amount of dividend paid by the company = ₹50,000 - (ii) Annual income of the man who has 72 shares = ₹360 ---
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ICSE-SHARES AND DIVIDENDS-Exercise 3(B)
  1. A man buys 75, 100rs shares paying 9 percent dividend. He buys shares ...

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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