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Mr. Shameem invested 33.(1)/(3)% of his ...

Mr. Shameem invested `33.(1)/(3)%` of his savings in `20%` `50rs` shares quoted at `60rs` and the remainder of the savings in `10%` `100rs` shares quoted at `110rs`. If his total income from these investments is `9200rs` find
(i) his total savings
(ii) the number of `50rs ` shares
the number of `100rs` shares

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To solve the problem, we will break it down step by step. ### Step 1: Define the total savings Let Mr. Shameem's total savings be \( x \). ### Step 2: Calculate the investment in 50 Rs shares Mr. Shameem invested \( 33.\overline{3}\% \) of his savings in 20% shares of 50 Rs. This can be expressed as: \[ \text{Investment in 50 Rs shares} = \frac{33.\overline{3}}{100} \times x = \frac{100}{3} \times \frac{x}{100} = \frac{x}{3} \] ### Step 3: Calculate the investment in 100 Rs shares The remainder of his savings is invested in 10% shares of 100 Rs: \[ \text{Investment in 100 Rs shares} = x - \frac{x}{3} = \frac{2x}{3} \] ### Step 4: Calculate the number of shares purchased 1. **For 50 Rs shares:** The price of each share is 60 Rs. The number of shares purchased is: \[ \text{Number of 50 Rs shares} = \frac{\text{Investment in 50 Rs shares}}{\text{Price per share}} = \frac{\frac{x}{3}}{60} = \frac{x}{180} \] 2. **For 100 Rs shares:** The price of each share is 110 Rs. The number of shares purchased is: \[ \text{Number of 100 Rs shares} = \frac{\text{Investment in 100 Rs shares}}{\text{Price per share}} = \frac{\frac{2x}{3}}{110} = \frac{2x}{330} = \frac{x}{165} \] ### Step 5: Calculate the total income from investments The total income from both investments is given as 9200 Rs. We can express this as: \[ \text{Income from 50 Rs shares} + \text{Income from 100 Rs shares} = 9200 \] Calculating the income from each investment: 1. **Income from 50 Rs shares:** \[ \text{Income} = \text{Number of shares} \times \text{Dividend} = \frac{x}{180} \times 20\% \times 50 = \frac{x}{180} \times \frac{20}{100} \times 50 = \frac{x}{180} \times 10 = \frac{10x}{180} = \frac{x}{18} \] 2. **Income from 100 Rs shares:** \[ \text{Income} = \text{Number of shares} \times \text{Dividend} = \frac{x}{165} \times 10\% \times 100 = \frac{x}{165} \times 10 = \frac{10x}{165} = \frac{2x}{33} \] ### Step 6: Set up the equation Combining both incomes: \[ \frac{x}{18} + \frac{2x}{33} = 9200 \] ### Step 7: Solve for \( x \) To solve the equation, we need a common denominator. The least common multiple of 18 and 33 is 198. Rewriting the equation: \[ \frac{11x}{198} + \frac{12x}{198} = 9200 \] Combining the fractions: \[ \frac{23x}{198} = 9200 \] Cross-multiplying gives: \[ 23x = 9200 \times 198 \] Calculating \( 9200 \times 198 \): \[ 9200 \times 198 = 1821600 \] Thus, \[ x = \frac{1821600}{23} = 79200 \] ### Step 8: Calculate the number of shares 1. **Number of 50 Rs shares:** \[ \text{Number of 50 Rs shares} = \frac{x}{180} = \frac{79200}{180} = 440 \] 2. **Number of 100 Rs shares:** \[ \text{Number of 100 Rs shares} = \frac{x}{165} = \frac{79200}{165} = 480 \] ### Final Answers (i) Total savings = 79200 Rs (ii) Number of 50 Rs shares = 440 (iii) Number of 100 Rs shares = 480
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ICSE-SHARES AND DIVIDENDS-Exercise 3(C )
  1. By investing 45000rs in 10% 100rs shares, Shared gets 3000rs as divide...

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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