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Vivek invests 4500rs in 8% 10rs shares a...

Vivek invests `4500rs` in `8%` `10rs` shares at `15rs`. He sells the shares when the price rises to `30rs`, and invests the proceeds in `12%` `100rs` shares at `125rs`. Calculate
(i) the sale proceeds
(ii) the number of `125rs` shares he buys
(iii) the change in his annual income from dividend.

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Verified by Experts

The correct Answer is:
`(i)9000rs` `(ii) 72` `(iii) 624rs`
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ICSE-SHARES AND DIVIDENDS-Exercise 3(C )
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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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