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By purchasing Rs. 25 shares for Rs. 40 each, a man gets a 4 percent profit on his investment. What rate percent is the company paying? What is his dividend if he buys 60 shares? - Mathematics

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प्रश्न

By purchasing Rs. 25 shares for Rs. 40 each, a man gets a 4 percent profit on his investment. What rate percent is the company paying? What is his dividend if he buys 60 shares?

योग

उत्तर

Nominal value of 1 share = Rs. 25

Market value of 1 share = Rs. 40

Profit% on investment = 4%

Then profit on 1 share = 4% of Rs. 40 = Rs. 1.60

∴ Dividend% = `1.60/25 × 100` = 6.4%

No. of shares purchased = 60

Then dividend on 60 shares = 60 × Rs. 1.60 = Rs. 96

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अध्याय 3: Shares and Dividend - Exercise 3 (B) [पृष्ठ ३६]

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सेलिना Mathematics [English] Class 10 ICSE
अध्याय 3 Shares and Dividend
Exercise 3 (B) | Q 2 | पृष्ठ ३६

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