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A man invests Rs 9600 on 100 shares at ...

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.

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To solve the problem, we need to determine how many shares the man buys with his investment of Rs 9600, given that each share costs Rs 80. ### Step-by-Step Solution: 1. **Identify the total investment and cost per share**: - Total investment = Rs 9600 - Cost per share = Rs 80 2. **Calculate the number of shares bought**: - The number of shares can be calculated using the formula: \[ \text{Number of Shares} = \frac{\text{Total Investment}}{\text{Cost per Share}} \] - Substituting the values: \[ \text{Number of Shares} = \frac{9600}{80} \] 3. **Perform the division**: - Now, calculate: \[ \text{Number of Shares} = 120 \] 4. **Conclusion**: - The man buys **120 shares**. ### Final Answer: The number of shares he buys is **120**. ---
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ICSE-MATHEMATICS-2012-SECTION-B
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