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A man buys Rs. 75 shares at a discount of Rs. 15 of a company paying 20% dividend. Find: the market value of 120 shares; his annual income; his profit percent. - Mathematics

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प्रश्न

A man buys Rs. 75 shares at a discount of Rs. 15 of a company paying 20% dividend. Find:

  1. the market value of 120 shares;
  2. his annual income;
  3. his profit percent.
योग

उत्तर

Nominal value of 1 share = Rs. 75

Market value of 1 share = Rs. 75 – Rs. 15 = Rs. 60

Market value of 120 shares = 120 × 60 = Rs. 7,200

Nominal value of 120 shares = 120 × 75 = Rs. 9,000

Annual income = 20% of Rs. 9,000

= `20/100 xx 9000`

= Rs. 1,800

Profit% = `1800/7200 xx 100%` = 25%

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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 10 | पृष्ठ २९

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