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A man buys shares at the par value of Rs 10 yielding 8% dividend at the end of a year. Find the number of shares bought if he receives a dividend of Rs 300. - Mathematics

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प्रश्न

A man buys shares at the par value of Rs 10 yielding 8% dividend at the end of a year. Find the number of shares bought if he receives a dividend of Rs 300.

योग

उत्तर

Face value of each share = Rs.10
Rate of dividend = 8% p.a.
Total dividend = Rs.300
∴ Total face value of shares

= `(300 xx 100)/(8)`
= ₹3750
and no. of shares

= `₹(3750)/(10)`
= ₹375.

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अध्याय 3: Shares and Dividends - Exercise 3.1

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एमएल अग्रवाल Understanding ICSE Mathematics [English] Class 10
अध्याय 3 Shares and Dividends
Exercise 3.1 | Q 11

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