Home
Class 10
MATHS
A man invests 20020rs in buying shares o...

A man invests `20020rs` in buying shares of N.V. `26rs` at `10%` premium. The dividend on the shares is `15%` per annum. Calculate
(i) the number of shares he buys
(ii) the dividend he receives annually
(iii) the rate of interest he gets on his money

Text Solution

Verified by Experts

The correct Answer is:
`(i) 700` `(ii) 2730rs` `(iii) 13.(7)/(11)%=13.64%`
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 1680rs in buying shares of nominal value 24rs and selling at 12% premium. The dividend on the shares is 15% per annum . Calculate (i) the number of shares he buys, (ii) the dividend he receives annually

Salman invests a sum of money in 50rs shares paying 15% dividend quoted at 20% premium. If his annual dividend is 600rs , calculate (i) the number of shares he bought (ii) his total investment (iii) the rate of return on his investment

A man invests a certain sum in buying 15% 100rs shares at 20% premium. Find : (i) his income from one share. (ii) the number of shares bought to have an income, from the dividend 6480rs (iii) sum invested

A man invested 45000rs in 15% 100rs shares quoted at 125rs . When the M.V. of these shares rose to 140rs , he sold some shares, just enough to raise 8400rs Calculate (i) the number of shares he still holds (ii) the dividend due to him on these remaining shares.

A man invests 800rs in buying 5rs shares and when they are selling at a premium of 1.15rs , he sells all the shares. Find his profit and profit percent.

Mr. Tiwari invested 29040rs in 15% 100rs shares quoted at a premium of 20% . Calculate (i) the number of shares bought by Mr. Tiwari (ii) Mr. Tiwari income from the investment (iii) the percentage return on his investment

A man invsets Rs 22,500 in Rs 50 shares available at 10% discount, If the dividend paid by the company is 12%, calculate : (i) The number of shares purchased Give your answer correct to the nearest whole number.

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

Ashok invested 26400rs in 12% , 25rs shares of a company. If he receives a dividend of 2475rs find the (i) number of shares he bought (ii) market value of each share.

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

    |