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A man has 300, Rs. 50 shares of a company paying 20% dividend. Find his net income after paying 3% income tax. - Mathematics

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प्रश्न

A man has 300, Rs. 50 shares of a company paying 20% dividend. Find his net income after paying 3% income tax.

योग

उत्तर

Nominal value of 1 share = Rs. 50

Nominal value of 300 shares = 300 × 50 = Rs. 15,000

∴ Dividend = 20% of Rs. 15,000

= `20/100 xx 15000`

= Rs. 3,000

∴ Income tax paid = 3% of Rs. 3,000

= `3/100 xx 3000`

= Rs. 90

His net income = Rs. 3,000 – Rs. 90 = Rs. 2,910

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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 11 | पृष्ठ २९

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