This will clear students doubts about any question and improve application skills while preparing for board exams. (iii) the percentage return on his investment. 2.50 premium. 26,400 in 12%, Rs. Calculate : (i) the sale proceeds (ii) the number of ₹ 125 shares he buys. of shares purchased = 1800 Nominal value of 1800 shares = 1800 × 100 = ₹ 1,80,000 Market value of 1800 shares= 1800 × 140 = ₹ 2,52,000 (i)Dividend% = 15% Dividend = 15% of ₹ 1,80,000, Question 12. 100 shares at a discount of Rs. 125 shares he buys; iii) The change in his annual income from dividend. Solution: Question 5. Learn Insta try to provide online math tutoring for you. Question 1. Solution: 1st case Total investment = ₹ 4,500 Market value of 1 share = ₹ 15 ∴ No of shares purchased = \(\frac { 4,500 }{ 15 }\) = 300 shares Nominal value of 1 share = ₹ 10 Nominal value of 300 shares = ₹ 10 × 300= ₹ 3,000 Dividend = 8% of ₹ 3,000 = \(\frac { 8 }{ 100 }\) × 3,000 = ₹ 240 Sale price of 1 share = ₹ 30 Total sale price= ₹ 30 × 300= ₹ 9,000 (ii) new market price of 1 share= ₹ 125 ∴ No of shares purchased = \(\frac { 9,000 }{ 125 }\) = 72 shares (iii) New nominal value of 1 share= ₹ 100 New nominal value of 72 shares = ₹ 100 × 72 = ₹ 7,200 Dividend% = 12% New dividend = 12% of ₹ 7,200 = \(\frac { 12 }{ 100 }\) × 7,200 = ₹ 864 Change in annual income = ₹ 864 – ₹ 240 = ₹ 624, Question 16. Change ), You are commenting using your Google account. A company with 10,000 shares of nominal value ₹ 100 declares an annual dividend of 8% to the share-holders. If his incomes from these shares is ₹ 5,600 calculate: (i) His investment in shares on the whole (ii) The number of shares of first kind that he bought (iii) Percentage return, on the shares bought on the whole. (i) Calculate the total amount of dividend paid by the company. 100 each at a premium of 10%. of shares purchased= 60 Then dividend on 60 shares = 60 × ₹ 1.60 = ₹ 96, Question 3. Knowledge about Shares and Dividends. 15. of these shares rose to Rs. A man invests ₹ 3,072 in a company paying 5% per annum, when its ₹ 10 share can be bought for ₹ 16 each. The dividend on the shares is 15% per annum. iii) If he wants to increase his annual income by Rs. If he receives a dividend of Rs. Therefore to earn 150 Rs. (iii) Purchasing Rs. At the end of one year he sells the shares at a premium of Rs. I want the full meaning for the questions in shares and stocks. What price is paid for each of Rs.100 shares? 864 and not Rs. [1999] Answer: Nominal price of the share . 52,000 on Rs. Solution: Rate of dividend = 8% Investment = ₹ 52000 Market Rate = ₹ 100 – 20 = ₹ 80 No. If Jagbeer invest ₹10320 on ₹100 shares at a discount of ₹ 14, then the number of shares he buys is (a) 110 (b) 120 (c) 130 (d) 150 Solution: Question 2. If his annual dividend is Rs. 500 is received. Find the annual income of a man who owns one thousand shares of this company. Question 3: By investing Rs. Find: (i) The annual dividend (ii) The profit earned including his dividend. 20,020 in buying shares of N.V. Rs. Solution: Question 3. Feel free to send us your feedback on the site as well. Question 1: A man invests Rs. 30, and invests the proceeds in 12% Rs. (ii) the amount to be invested to obtain an annual dividend of ₹ 1,350. ii) The dividend percent per share. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. Find: (i) the market value of 120 shares; (ii) his annual income; (iii) his profit percent. The dividend on the shares is 15% per annum. 20,020 in buying shares of N.V. Rs. By purchasing ₹ 25 gas shares for ₹ 40 each, a man gets 4 percent profit on his investment. Solution: Nominal value of 1 share = ₹ 25 Market value of 1 share = ₹ 40 Profit% on investment = 4% Then profit on 1 share = 4% of ₹ 40= ₹ 1.60 ∴ Dividend% = \(\frac { 1.60 }{ 25 }\) × 100% = 6.4% No. Rohit invested ₹ 9,600 on ₹ 100 shares at ₹ 20 premium paying 8% dividend. 125. Solution: Nominal value of 1 share = ₹ 100 Market value of 1 share = ₹ 100 + 40% of ₹ 100 = ₹ 100 + ₹ 40 = ₹ 140 No. ICSE Solutions for Class 10 Mathematics – Shares and Dividends ICSE SolutionsSelina ICSE Solutions Get ICSE Solutions for Class 10 Mathematics Chapter 4 Shares and Dividends for ICSE Board Examinations on APlusTopper.com. Solution: 1st case 16% of ₹ 100 shares at 80 means; Market value of 1 share = ₹ 80 Nominal value of 1 share = ₹ 100 Dividend = 16% Income on ₹ 80= 16% of ₹ 100 = ₹ 16 Income on ₹ 1 = \(\frac { 16 }{ 80 }\) = ₹ 0.20 2nd case 20% of ₹ 100 shares at 120 means; Market value of 1 share = ₹ 120 Nominal value of 1 share = ₹ 100 Dividend = 20% Income on ₹ 120 = 20% of ₹ 100= ₹ 20 Income on ₹ 1 = \(\frac { 20 }{ 120 }\) = ₹ 0.17 Then 16% ₹ 100 shares at 80 is better investment. A man buys 75, ₹ 100 shares of a company which pays 9 percent dividend. 1680 in buying shares of nominal value Rs. Ashwarya bought 496, ₹ 100 shares at ₹ 132 each, find : (i) Investment made by her (ii) Income of Ashwarya from these shares, if the rate of dividend is 7.5%. (iii) If he received only 4% of his investment, find the price he paid for each share. Ask Now! of shares purchased = 400 Nominal value of 400 shares = 400 x 20 = ₹ 8,000 (i) Market value of 400 shares = 400 x 16 = ₹ 6,400 (ii) Return%= 12% Income = 12% of ₹ 6,400, Question 10. At what p… 140, he sold some shares, just enough to raise Rs. ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Ex 3 ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Ex 3 Question 1. [3] If 100 shares are available at a discount of 10%. Fareha Naseem says. ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends MCQS. ... Rate of dividend = 18%. 8,800 in buying shares of a company of face value of Rs. By investing ₹ 45,000 in 10% ₹ 100 shares, Sharad gets ₹ 3,000 as dividend. 50 shares of a company are quoted at a discount of 10%. Find : (i) His income from one share (ii) The number of shares bought to have an income, from the dividend, ₹ 6480 (iii) Sum invested Solution: Question 4. 1,200 at the end of the year as dividend. Question 1. 8,800 in buying shares of a company of face value of Rs. How much money will be required to buy 400, ₹ 12.50 shares at a premium of ₹ 1? of these shares rose to Rs. Selling price of each share = Rs 100 = 20% of Rs 100 = Rs 80. A man buys ₹ 75 shares at a discount of ₹ 15 of a company paying 20% dividend. Solution: (i) 1st firm Market value of 1 share = ₹ 120 Nominal value of 1 share = ₹ 100 Dividend = 5% Income on ₹ 120 = 5% of ₹ 100 = ₹ 5 Income on ₹ 1 = \(\frac { 5 }{ 120 }\) = ₹ 0.041 2nd firm Market value of 1 share = ₹ 132 Nominal value of 1 share = ₹ 100 Dividend = 6% Income on ₹ 132 = 6% of ₹ 100 = ₹ 6 Income on ₹ 1 = \(\frac { 6 }{ 132 }\) = ₹ 0.045 Then investment in second company is giving better return. of shares purchased = \(\frac { 52000 }{ 80 }\) = 650 (i) Annual dividend = 650 × 8 = ₹ 5200 (ii) On selling, market rate = ₹ 100+20 = ₹ 120 ⇒ Sale price = 650 × 120 = ₹ 78000 Profit = ₹ 78000 – ₹ 52000 = ₹ 26000 ⇒ Total gain = 26000 + 5200 = ₹ 31200. Question 9: Salman invests a sum of money in Rs. Solution: Market value of 1 share = ₹ 16 Nominal value of 1share = ₹ 10 Money invested = ₹ 3,072, Question 8. And, the amount obtained on selling x shares = Rs 80x A man invests ₹ 8,800 in buying shares of a company of face value of rupees hundred each at a premium of 10%. A man has a choice to invest in hundred-rupee shares of two firms at ₹ 120 or at ₹ 132. Find: (i) the market value of 320 shares; (ii) his annual income; (iii) his profit percent. When the shares fell to ₹ 96, he sold out all the shares bought and invested the proceed in 10%, ten-rupee shares at ₹ 8. Rs. Solution: 1st case Nominal value of 1 share = ₹ 20 Nominal value of 400 shares = ₹ 20 x 400= ₹ 8,000 Market value of 1 share = ₹ 18 Market value of 400 shares = ₹ 18 x 400= ₹ 7,200 Dividend% = 5% Dividend = 5% of ₹ 8,000 = \(\frac { 5 }{ 100 }\) × 8,000 = ₹ 400 2nd case Nominal value of 1 share = ₹ 10 Market value of 1 share = ₹ 12 ∴ No of shares purchased = \(\frac { 7,200 }{ 12 }\) = 600 shares Nominal value of 600 shares = ₹ 10 x 600 = ₹ 6,000 Dividend% = 7% Dividend = 7% of ₹ 6,000 = \(\frac { 7 }{ 100 }\) × 6,000 = ₹ 420 Annual change in income = ₹ 420 – ₹ 400 = ₹ 20 increase, Question 19. Further, solutions of this exercise questions are available in the Concise Selina Solutions for Class 10 Maths Chapter 3 Shares and Dividends Exercise 3(A) PDF in the links below. Find his net income after paying 3% income tax. Question 5: A man invested Rs. (ii) Ramesh had bought 90 shares of the company at ₹ 150 per share. Chapter wise important Questions for Class 10 CISCE. Therefore to earn 150 Rs. 125, when the M.V. Most Popular. Selina solutions for Concise Maths Class 10 ICSE chapter 3 (Shares and Dividend) include all questions with solution and detail explanation. She sells shares worth Rs.72,000 at a premium of 10% and the rest at a discount of 5%. June 25, 2019 by studymumbai Leave a Comment. ICSE Class 10 Foundation Concise Maths II Shares and Dividend. 7500 in a company paying 10% dividend, an annual income of Rs. Gagan invested ₹ 80% of his savings in 10% ₹ 100 shares at 20% premium and the rest of his savings in 20% ₹ 50 shares at ₹ 20% discount. If a man received ₹1080 as dividend from 9% ₹20 shares, find the number of shares purchased by him. Solution: Question 2. (ii) 220 shares of Rs. Give your answer to the nearest integer. Find the number of shares originally held by Mr. Joseph. If its ₹ 60 share is available in the market at a premium of 25%, how much should Rakesh invest, in buying the shares of this company, in order to have an annual income of ₹ 1,680? He buys shares at such a price that he gets 12% of his money. If his total income from these investments is ₹ 9,200; find : (i) his total savings (ii) the number of ₹ 50 share (iii) the number of ₹ 100 share. A man bought 360, ten-rupee shares of a company, paying 12% per annum. ( Log Out / Dividend on each share = 10% of Rs 100 = Rs 10. 79 Qs. Question 17. Question 16. Solution: More Resources for Selina Concise Class 10 ICSE Solutions, Filed Under: ICSE Tagged With: Selina ICSE Solutions for Class 10 Maths, Selina ICSE Solutions for Class 10 Maths - Shares and Dividends, ICSE Previous Year Question Papers Class 10, Concise Mathematics Class 10 ICSE Solutions, Concise Chemistry Class 10 ICSE Solutions, Selina ICSE Solutions for Class 10 Maths - Shares and Dividends, Concise Mathematics Class 9 ICSE Solutions, SC Certificate | Format, Benefits, Validity and Application Process, Ownership Certificate | Format and Application Process of Ownership Certificate, Adoption Certificate | Required Documents and Format of Adoption Certificate, Plus Two Computer Application Chapter Wise Questions and Answers Chapter 5 Web Designing Using HTML, Plus Two Computer Application Chapter Wise Questions and Answers Chapter 4 Web Technology, CDA Certificate | Benifits, Eligibility and Application Process, Plus Two Computer Application Chapter Wise Questions and Answers Chapter 3 Functions, Health Certificate | Health Certificate for job and Format, Plus Two Computer Application Chapter Wise Questions and Answers Chapter 2 Arrays, Plus Two Computer Application Chapter Wise Questions and Answers Chapter 1 Review of C++ Programming, Plus Two Business Studies Previous Year Question Paper March 2019. Important Questions for ICSE Class 10 CISCE Mathematics. Question 6 has been answered incorrectly. ii) If the dividend is 7.5%, what will be his annual income? ICSE Class 10 Maths Solutions Chapter 4 Shares and Dividends Exercise 4.2 Shares and Dividends Exercise 4.2 Q2 Shares and Dividends Exercise 4.2 Q3 Shares and Dividends Exercise 4.2 Q4 Shares and Dividends Exercise 4.2 Q5 Shares and Dividends Exercise 4.2 Q6 If the first firm pays 5% dividend and the second firm pays 6% dividend per annum, find: (i) which firm is paying better. A man invests ₹ 11,200 in a company paying 6 percent per annum when its ₹ 100 shares can be bought for ₹ 140. Question 3: By investing Rs. The _____ of share is the maximum amount at which the share can issued. Solution: Question 13. Ask a question on Maths and get answers by students, teacher and experts. (iii) the change in his annual income from dividend. Solution: Nominal value of 1 share = ₹ 50 Nominal value of 300 shares = 300 × 50 = ₹ 15,000 His net income = ₹ 3,000 – ₹ 90 = ₹ 2,910, Question 12. He sells the shares when the price rises to ₹ 30, and invests the proceeds in 12% ₹ 100 shares at ₹ 125. Solution: Total money invested = ₹ 7,770 Nominal value of 1 share = ₹ 100 Market value of 1 share = ₹ 100 + ₹ 5 = ₹ 105, Question 9. Spread the love. The first firm pays a dividend of 5% per annum and the second firm pays a dividend of 6% 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. A man invests ₹ 7,770 in a company paying 5% dividend when a share of nominal value of ₹ 100 sells at a premium of ₹ 5. The nominal value of each share = Rs 100. Find 1) His gain or loss after 1 year. 26 at 10% premium. Calculate the dividend he receives and the percentage of return on his investment. Find […] Solution: Question 10. Mrs. Kulkarni invests ₹ 1, 31,040 in buying ₹ 100 shares at a discount of 9%. Rate of dividend = 10% Total income = Rs. If he earns ₹ 1,200 at the end of the year as dividend, find: (i) the number of shares he has in the company. (ii) market value of each share. 150, how many extra shares should he buy? Calculate; i) The sale proceeds ii) The number of Rs. Sort. Question 9. 125 shares he buys; iii) The change in his annual income from dividend. A man buys ₹ 50 shares of a company, paying 12% dividend, at a premium of ₹ 10. of shares purchased = y Nominal value of y shares = 100 x y = ₹ (100y) Dividend% = 10% Dividend = ₹ 500. Question 2: A man invests Rs. Calculate her annual dividend. Then, the dividend on x shares will be Rs 10x. When you were finding the second income, you calculated it wrong. ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Chapter Test ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Chapter Test Question 1. Find the rate of dividend given by the company, the return on the investment on these shares being 20 percent. [2010], Question 7: Mr. Parekh invested Rs. 20; find: i) The annual dividend; ii) The profit earned including his dividend. Dividend on Shares - Get Get topics notes, Online test, Video lectures & Doubts and Solutions for ICSE Class 10 Mathematics on TopperLearning ICSE Class 10 Maths Shares and Dividend solutions of chapter-3 exercise-3C detail solutions of all questions asked in text book of selina concise maths Solution: Total investment = ₹ 8,800 Nominal value of 1 share = ₹ 100 Market value of 1 share = ₹ 110 ∴ No of shares purchased = \(\frac { 8800 }{ 110 }\) = 80 Nominal value of 80 shares = 80 × 100= ₹ 8,000 Let dividend% = y% then y% of ₹ 8,000 = ₹ 1,200 ⇒ \(\frac { y }{ 100 }\) × 8,000 = 1,200 ⇒ y = 15%, Question 14. 20 paying 8% dividend. Selina Concise Mathematics Class 10 ICSE Solutions Shares and Dividends Selina Publishers Concise Mathematics Class 10 ICSE Solutions Chapter 3 Shares and Dividends Shares and Dividends Exercise 3A – Selina Concise Mathematics Class 10 ICSE Solutions Question 1. If they both receive equal dividend at the end of the year, find the rate per cent of the dividend received by B. Solution: Question 6. Two brothers A and B invest ₹ 16,000 each in buying shares of two companies. Find : (i) Number of shares he purchases. [2013]. 26 at 10% premium. Free PDF download of Class 10 Mathematics Chapter 3 - Shares and Dividend Revision Notes & Short Key-notes prepared by our expert Math teachers as per CISCE guidelines . I have corrected it. (iii) The rate of return on his investment. A man invests ₹ 800 in buying ₹ 5 shares and when they are selling at a premium of ₹ 1.15, he sells all the shares. A man invests ₹ 20,020 in buying shares of nominal value ₹ 26 at 10% premium. If Jagbeer invest ₹10320 on ₹100 shares at a discount of ₹ 14, then the number of shares … Solution: Nominal value of 1 share = ₹ 50 Market value of 1 share = ₹ 50 – 10% of ₹ 50 = ₹ 50 – ₹ 5 = ₹ 45 Profit % on investment = 20% Then profit on 1 share = 20% of ₹ 45 = ₹ 9 ∴ Dividend% = \(\frac { 9 }{ 50 }\) × 100% = 18%, Question 5. How many (₹ 10) shares did he buy and what was the change in his income? (ii) the dividend percent per share. Find : (i) his annual income (ii) his percentage income on his investment. (c) In a class of 40 students, marks obtained by the students in a class test (out of 10) are given below : [4] Question 12. (ii) the rate of dividend paid by the company. Solution: Question 2. Calculate: (i) the number of shares bought by Mr. Tiwari. Visit official Website CISCE for detail information about ICSE Board Class-10. ₹ 50 shares of a company are quoted at a discount of 10%. 50 shares, paying 15% dividend quoted at 20% premium. Solution: Question 20. It should be Rs. Formulae Handbook For ICSE Class 9 and 10 Educational Loans in India. Dividend received . Find the annual change in his income. more, one needs to buy. Find: (i) which company is giving a better return. How much money will be required to buy 250, ₹ 15 shares at a discount of ₹ 1.50? Calculate; i) The sale proceeds ii) The number of Rs. By investing ₹ 7,500 in a company paying 10 percent dividend, an annual income of ₹ 500 is received. Ashok invested Rs. Also, learn to find the annual income from shares according to the given data on the number of shares, dividend and nominal value of the share. 1,200 at the end of the year as dividend. The Selina Solutions for Class 10 Maths is a great asset to students for any quick reference or doubt clearance of any concept. 24 and selling at 12% premium. Change ), © 2020 ICSE / ISC / CBSE Mathematics Portal for K12 Students. Solution: Nominal value of 1 share = ₹ 100 Nominal value of 10,000 shares = 10,000 x ₹ 100 = ₹ 10,00,000 (i) Dividend% = 5% Dividend = 5% of ₹ 10,00,000 = \(\frac { 5 }{ 100 }\) × 10,00,000 = ₹ 50,000 (ii) Nominal value of 72 shares= ₹ 100 x 72 = ₹ 7,200 Dividend = 5% of ₹ 7,200 = \(\frac { 5 }{ 100 }\) × 7,200 = ₹ 360 (iii) Let market value of 1 share = ₹ y Then market value of 10,000 shares = ₹ (10,000y) Return% = 4% then 4% of ₹ 10,000y = ₹ 50,000 ⇒ \(\frac { 4 }{ 100 }\) × 10,000y = ₹ 50,000 ⇒ y = ₹ 125, Question 11. 140, he sold some shares, just enough to raise Rs. Solution: A company pays a dividend of 15% on its ₹ 100 shares from which income tax at the rate of 20% is deducted. Solution: Nominal value of 1 share = ₹ 60 Nominal value 250 shares= ₹ 60 x 250= ₹ 15,000 Dividend = 5% of ₹ 15,000 = \(\frac { 5 }{ 100 }\) × 15,000 = ₹ 750, Question 7. A person buys 120 shares at a nominal value of ₹ 40 each, which he sells at ₹ 42.50 each. Find his profit and profit percent. Solution: (i) Nominal value of 1 share = ₹ 100 Nominal value of 10,000 shares = ₹ 100 × 10,000 = ₹ 10,00,000 Dividend% = 8% Dividend = 8% of ₹ 10,00,000 = \(\frac { 8 }{ 100 }\) × 10,00,000 = ₹ 80,000 (ii) Market value of 90 shares = ₹ 150 × 90 = ₹ 13,500 Nominal value of 90 shares = ₹ 100 × 90 = ₹ 9,000 Dividend = 8% of ₹ 9,000 = \(\frac { 8 }{ 100 }\) × 9,000 = ₹ 720. By doing so, his income was increased by ₹ 4,800. Solution: Nominal value of 1 share = ₹ 50 Market value of 1 share = ₹ 50 + ₹ 10 = ₹ 60 Market value of 320 shares = 320 x 60 = ₹ 19,200 Nominal value of 320 shares = 320 x 5 = ₹ 16,000, Question 10. Vivek invests ₹ 4,500 in 8%, ₹ 10 shares at ₹ 5. He sells the shares when the price rises to Rs. 1.50 discount. 125. 15. Find the annual income derived from 125, ₹ 120 shares paying 5% dividend. (iii) New number of shares. 500. Question 1. 200 stock yielding 9% at 105. 50 shares, paying 15% dividend quoted at 20% premium. Find: (i) the amount invested by him. invested ₹ 29,040 in 15% Rs100 shares quoted at a premium of 20%. Calculate: i) The number of shares he buys; ii) The dividend he receives annually; iii) The rate of interest he gets on his money. 600, Calculate; i) The number of shares he bought; ii) His total investment; ii) The rate of return on his investment. [2012], Question 5: A man invested Rs. Gopal has some ₹ 100 shares of company A, paying 10% dividend. (iv) Change in the two dividends. He sells the shares when the price rises to Rs. 500 is received. 1680 in buying shares of nominal value Rs. 60 to obtain an income of Rs. Solution: 1st case Nominal value of 1 share = ₹ 10 Nominal value of 360 shares = ₹ 10 × 360 = ₹ 3,600 Market value of 1 share = ₹ 21 Market value of 360 shares = ₹ 21 × 360 = ₹ 7,560 Dividend% = 12% Dividend = 12% of ₹ 3,600 = \(\frac { 12 }{ 100 }\) × 3,600 = ₹ 432 2nd case Nominal value of 1 share= ₹ 5 Market value of 1 share= ₹ 3.50 ∴ No of shares purchased = \(\frac { 7,560 }{ 3.50 }\) = 2,160 shares Nominal value of 2160 shares=₹ 5 × 2160= ₹ 10,800 Dividend%= 4.5% Dividend= 4.5% of ₹ 10,800 = \(\frac { 4.5 }{ 132 }\) × 10,800 = ₹ 486 Annual change in income = ₹ 486 – ₹ 432 = ₹ 54 increase, Question 18. (i) What is his investment? 100 available at Rs. FRANK ICSE Class 10 Maths Solutions Shares and Dividends Exercise 4.2. Appreciate you pointing it out. Salman buys 50 shares of face value ₹ 100 available at ₹ 132. You can further filter Important Questions by subjects and topics. Solution: Question 7. 100 shares at Rs. ii) The dividend percent per share. Solution: Nominal value of 1 share = ₹ 24 Market value of 1 share = ₹ 24+ 12% of ₹ 24 = ₹ 24+ ₹ 2.88= ₹ 26.88 Total investment = ₹ 1,680 ∴ No of shares purchased = \(\frac { 1680 }{ 26.88 }\) = 62.5 Nominal value of 62.5 shares = 62.5 x 24= ₹ 1,500 Dividend = 15% of ₹ 1,500 = \(\frac { 15 }{ 100 }\) × 1,500 = ₹ 225, Question 15. If the rate of return is 10%, calculate: (i) the market value of the shares. (ii) His total investment. the number of shares he buys. Find the market value of each share. Free download of step by step solutions for class 10 mathematics chapter 3 - Shares and Dividend of ICSE Board (Concise - Selina Publishers). Solution: Total investment = ₹ 7,500 Nominal value of 1 share = ₹ 100 No. 100 each at a premium of 10%. Reply. 24 and selling at 12% premium. Solution: Nominal value of 1 share = ₹ 10 Nominal value of 1000 shares = 1000 × 10 = ₹ 10,000 His net income = ₹ 1,500 – ₹ 330 = ₹ 1,170, Question 13. Solution: Nominal value of 1 share = ₹ 75 Market value of 1 share = ₹ 75 – ₹ 15 = ₹ 60 Market value of 120 shares = 120 × 60 = ₹ 7,200 Nominal value of 120 shares = 120 × 75 = ₹ 9,000, Question 11. (iii) If he wants to increase his annual income by ₹ 150, how many extra shares should he buy? (ii) His annual income. ... ( including his dividend) in 18 % ,Rs 25 shares at Rs 41 each. ( Log Out / Find the : (i) Original number of shares. 7500 in a company paying 10% dividend, an annual income of Rs. What price is paid for each of ₹ 100 share ? Solution: Question 2. Calculate: (i) the number of shares he still holds; (ii) the dividend due to him on these remaining shares. Find the rate of dividend given by the company, when a man’s return on his investment is 15%. The dividend on the shares is 15% per annum. (iii) percentage return on his money. We Provide Step by Step Answer of Chapter-3 Shares and Dividends , with MCQs and Chapter-Test Questions / Problems related Exercise-3 Shares and Dividends for ICSE Class-10 APC Understanding Mathematics . If a man receives Rs. If his annual dividend is Rs. Question 6: Vivek invests Rs. All exercise questions are solved & explained by expert teacher and as per ICSE board guidelines. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), 2012 ICSE (Class 10) Board Paper Solution: Mathematics, Class 10: Shares and Dividend – ICSE Board Problems, ICSE / ISC / CBSE Mathematics Portal for K12 Students, ICSE CBSE ISC Board Mathematics Portal for Students, Follow ICSE / ISC / CBSE Mathematics Portal for K12 Students on WordPress.com. We provide step by step Solutions for ICSE Mathematics Class 10 … (ii) Income on investment of ₹ 26,400 in fi₹ t firm = \(\frac { 5 }{ 120 }\) × 26,400 = ₹ 1,100 Income on investment of ₹ 26,400 in second firm = \(\frac { 6 }{ 132 }\) × 26,400 = ₹ 1,200 ∴ Difference between both returns = ₹ 1,200 – ₹ 1,100 = ₹ 100, Question 17. Find; i) The number of shares he has in the company. Selling price of the share . Solution: Total investment = ₹ 20,020 Nominal value of 1 share = ₹ 26 Market value of 1 share = ₹ 26+ 10% of ₹ 26 = ₹ 26+ ₹ 2.60 = ₹ 28.60 ∴ No of shares purchased = \(\frac { 20,020 }{ 28.60 }\) = 700 shares Nominal value of 700 shares= ₹ 26 x 700 = ₹ 18,200 Dividend% = 15% Dividend = 15% of ₹ 18,200 = \(\frac { 15 }{ 100 }\) × 18,200 = ₹ 2,730. A dividend of 12% was declared on ₹ 150 shares selling at a certain price. (ii) if Mr. Gupta invests equally in both the firms and the difference between the returns from them is ₹ 30, find how much, in all, does he invest. of shares he still holds = 360 – 60 = 300 (ii) Nominal value of 300 shares = ₹ 100 × 300 = ₹ 30,000 Dividend% = 15% Dividend = 15% of ₹ 30,000 = \(\frac { 15 }{ 100 }\) × 30,000 = ₹ 4,500, Question 11. Related Questions to study. Solution: Question 19. Solution: 1st case Nominal value of 1 share = ₹ 100 Nominal value of 60 shares = ₹ 100 × 60= ₹ 6,000 Market value of 1 share = ₹ 100 + 60% of ₹ 100 = ₹ 100+ ₹ 60 = ₹ 160 Market value of 60 shares = ₹ 160 × 60 = ₹ 9,600 Ans. ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Ex 3. A company declares 8 […] What rate percent is the company paying? Question 15. Calculate: (i) the amount invested by him. (ii) If the dividend is 7.5%, what will be his annual income? When the market value of these shares rose to ₹ 140, he sold some shares, just enough to raise ₹ 8,400. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. A man invests ₹ 1,680 in buying shares of nominal value ₹ 24 and selling at 12% premium. If his income, from the shares sold, increases by ₹ 18,000, find the number of shares sold by Gopal. Find the rate of dividend given by the company, the return on the investment on these shares being 20 percent. At the end of one year he sells the shares at a premium of Rs. (i) What is the total amount of dividend paid by the company? A company declares a dividend of 11.2% to all its share-holders. 52,000 on Rs. Question 1. (ii) if a man invests ₹ 26,400 with each firm, how much will be the difference between the annual returns from the two firms. Find: (i) his annual dividend (ii) his percentage return on his investment. If his annual dividend is ₹ 600, calculate : (i) The number of shares he bought. Mr. Sharma has 60 shares of nominal value ₹ 100 and decides to sell them when they are at a premium of 60%. Rohit sold the shares when the price rose to ₹ 160. 45,000 in 15% Rs.100 shares quoted at Rs. Solution: Dividend% = 8% Dividend = ₹ 2,840 Let nominal value of shares = ₹ y then 8% of y = ₹ 2,840 ⇒ \(\frac { 8 }{ 100 }\) × y = ₹ 2,840 ⇒ y = ₹ 35000, Question 6. Commercial Mathematics: Project on Shares and dividends for Class X ICSE. View Answer. the rate of interest he gets on his money. ii) If the dividend is 7.5%, what will be his annual income? A buys 3% hundred-rupee shares at 80 and B buys ten-rupee shares at par. Calculate: i) The number of shares he buys; ii) The dividend he receives. Calculate : (i) the number of shares he buys. (ii) What should be the annual income of a man who has 72 shares in the company? Class 10: Shares and Dividend – ICSE Board Problems Date: January 1, 2018 Author: ICSE CBSE ISC Board Mathematics Portal for Students 2 Comments Question 1: A man invests Rs. ICSE Grade 10; Mathematics; Banking Linear inequations . [1990], Question 4: A man invests Rs. of shares purchased = 400 Nominal value of 400 shares = 400 × 20 = ₹ 8,000 (i) Market value of 400 shares = 400 × 24 = ₹ 9,600, Question 9. (ii) the dividend he receives annually. A man invested ₹ 45,000 in 15% Rs100shares quoted at ₹ 125. Find; i) The number of shares he has in the company. Solution: Question 14. Solution: Question 2. (ii) his total income from the shares. Saving time and can then focus on their studies and practice. 600, Calculate; i) The number of shares he bought; ii) His total investment; ii) The rate of return on his investment. Selina Concise Mathematics Class 10 ICSE Solutions Chapter 3 Shares and Dividend Ex 3B . Calculate: (i) the number of shares he buys; (ii) the dividend he receives annually. A company declares 8 per cent dividend to the shareholders. Solution: For A Total investment = ₹ 16,000 Nominal value of 1 share = ₹ 100 Market value of 1 share = ₹ 80 ∴ No of shares purchased = \(\frac { 16,000 }{ 80 }\) = 200 shares Nominal value of 200 shares = ₹ 100 × 200 = ₹ 20,000 Dividend% = 3% Dividend = 3% of ₹ 20,000 = \(\frac { 3 }{ 100 }\) × 20,000 = ₹ 600 For B Total investment= ₹ 16,000 Nominal value of 1 share= ₹ 10 Market value of 1 share= ₹ 10 ∴ No of shares purchased = \(\frac { 16,000 }{ 10 }\) = 1600 shares Nominal value of 1600shares= 10 × 1600= ₹ 16,000 Dividend received by B = Dividend received by A = ₹ 600, Question 20.

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