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A man invests Rs. 3,072 in a company paying 5% per annum when its Rs. 10 shares can be bought for Rs. 16 each. Find: his annual income his percentage income on his investment. - Mathematics

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प्रश्न

A man invests Rs. 3,072 in a company paying 5% per annum when its Rs. 10 shares can be bought for Rs. 16 each. Find:

  1. his annual income
  2. his percentage income on his investment.
योग

उत्तर

Market value of 1 share = Rs. 16

A nominal value of 1 share = Rs. 10

Money invested = Rs. 3,072

∴ No. of shares purchased = `3072/16` = 192

Nominal value of 192 Shares = 10 × 192 = Rs. 1920

1. Annual income = 5% of Rs. 1920

= `5/100 xx 1920`

= Rs. 96

2. Income% = `96/3072 xx 100%`

= 3.125%

= `3 1/8 %`

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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 7 | पृष्ठ २९

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