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Ashok invests Rs.26400 on 12% Rs.25 shares of a company. If he receives a dividend of Rs 2475, find: (i) the number of shares he bought. (ii) the market value of each share. - Mathematics

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प्रश्न

Ashok invests Rs.26400 on 12% Rs.25 shares of a company. If he receives a dividend of Rs 2475, find:
(i) the number of shares he bought.
(ii) the market value of each share. 

योग

उत्तर

Investment = Rs.26400
Face value of each share = Rs.25
Rate of dividend = 12%
and total dividend = Rs.2475
We know,
DIvidend earned
= M.P. of share x No. of `"share" xx "r"/(100)`
(i) ∴ Number of share

= `(2475)/(12) xx (100)/(25)`
= 825shares
(ii) Market value of each other

= `(26400)/(825)`
= ₹32.

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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 8

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