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A man buys Rs. 50 shares of a company, paying 12% dividend, at a premium of Rs. 10. Find: the market value of 320 shares; his annual income; his profit percent. - Mathematics

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प्रश्न

A man buys Rs. 50 shares of a company, paying 12% dividend, at a premium of Rs. 10. Find:

  1. the market value of 320 shares;
  2. his annual income;
  3. his profit percent.
योग

उत्तर

Nominal value of 1 share = Rs. 50

Market value of 1 share = Rs. 50 + Rs. 10 = Rs. 60

Market value of 320 shares = 320 × 60 = Rs. 19,200

Nominal value of 320 shares = 320 × 50 = Rs. 16,000

Annual income = 12% of Rs. 16,000

= `12/100 xx 16000`

= Rs. 1,920

Profit% = `1920/19200 xx 100%`

= 10%

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अध्याय 3: Shares and Dividend - Exercise 3 (A) [पृष्ठ २९]

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सेलिना Mathematics [English] Class 10 ICSE
अध्याय 3 Shares and Dividend
Exercise 3 (A) | Q 9 | पृष्ठ २९

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