Home
Class 10
MATHS
What is the market value of 4(1)/(2)% (R...

What is the market value of `4(1)/(2)%` (Rs 100) share, when an investment of Rs 1,800 produces an income of Rs 72?

Text Solution

AI Generated Solution

The correct Answer is:
To find the market value of a `4(1/2)%` (Rs 100) share, given that an investment of Rs 1,800 produces an income of Rs 72, we can follow these steps: ### Step-by-Step Solution: 1. **Identify the Given Values:** - Nominal value of each share (N) = Rs 100 - Investment (I) = Rs 1,800 - Income (E) = Rs 72 - Dividend percentage (D) = `4(1/2)%` = `4.5%` = `9/2%` 2. **Calculate the Number of Shares:** The formula for income from shares is: \[ \text{Income} = \text{Number of Shares} \times \text{Nominal Value} \times \frac{\text{Dividend Percentage}}{100} \] Rearranging the formula to find the number of shares (N_shares): \[ N_{shares} = \frac{E}{N \times \frac{D}{100}} = \frac{72}{100 \times \frac{9}{2 \times 100}} \] Simplifying this: \[ N_{shares} = \frac{72}{100 \times \frac{9}{200}} = \frac{72 \times 200}{100 \times 9} = \frac{14400}{900} = 16 \] 3. **Calculate the Market Value of One Share:** We know that: \[ \text{Investment} = \text{Market Value} \times \text{Number of Shares} \] Rearranging to find the market value (M): \[ M = \frac{I}{N_{shares}} = \frac{1800}{16} \] Simplifying this: \[ M = 112.50 \] ### Final Answer: The market value of one `4(1/2)%` (Rs 100) share is Rs 112.50. ---
Doubtnut Promotions Banner Mobile Dark
|

Topper's Solved these Questions

  • CHAPTERWISE REVISION EXERCISE

    ICSE|Exercise CHAPTERWISE REVISION EXERCISE (LINEAR INEQUATIONS)|7 Videos
  • CHAPTERWISE REVISION EXERCISE

    ICSE|Exercise CHAPTERWISE REVISION EXERCISE (LINEAR INEQUATIONS) (True or false)|5 Videos
  • CHAPTERWISE REVISION EXERCISE

    ICSE|Exercise CHAPTERWISE REVISION EXERCISE (BANKING)|6 Videos
  • BANKING (RECURRING DEPOSIT ACCOUNTS)

    ICSE|Exercise QUESTIONS|7 Videos
  • CIRCLES

    ICSE|Exercise EXERCISE 17( C ) |28 Videos

Similar Questions

Explore conceptually related problems

Find the market value of 12% Rs 25 shares of a company which pays a dividend of Rs 1,875 on an investment of Rs 20,000

Find : 7(1)/(2)% of Rs 40

A sum of Rs54,000 is invested partly in shares paying 6% dividend at 40% premium and partly in 5% shares at 25% premium. If the nominal value of one share in each company is Rs100 and the total income of the man is Rs 2,240, find the money invested in the second company.

A dividend of 9% was declared on 100rs share selling at a certain price. If the rate of return is 7.5% calculate (i) the market value of the share (ii) the amount to be invested to obtain an annual dividend of 630rs

A dividend of 12% was declared on 150rs shares selling at a certain price. If the rate of return is 10% calculate (i) the market value of the shares (ii) the amount to be invested to obtain an annual dividend of 1350rs

Ramesh buys 100rs shares at 20rs premium in a company paying 15% dividend. Find (i) the market value of 600 shares , (ii) his annual income , (iii) his percentage income.

A man invests Rs 10,560 in a company, paying 9% dividend, at the time when its Rs 100 shares can be bought at a premium of Rs 32. Find: his annual income from these shares and

Sachin invests Rs. 8,500 in 10%, Rs. 100 shares at Rs. 170. He sells the shares when the price of each share rises by Rs. 30. He invests the proceeds in 12% Rs. 100 shares at 125. Find : (i) the scale proceeds. (ii) the number of Rs. 125 shares he buys. (iii) the change in his annual income.

Find the time when : simple interest on Rs 2500 at 4 % per annum is Rs 200

A man invested Rs 9,000 in 3% (Rs 100) shares at a discount of 10% He sold all the shares at the rate of Rs 95 each and invested the processed in 4% (Rs 50) shares at par. Find the change in his income.