हिंदी

Mr. Sharma has 60 shares of nominal value Rs. 100 and decides to sell them when they are at a premium of 60%. He invests the proceeds in shares of nominal value Rs. 50, quoted at 4% discount - Mathematics

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प्रश्न

Mr. Sharma has 60 shares of nominal value Rs. 100 and decides to sell them when they are at a premium of 60%. He invests the proceeds in shares of nominal value Rs. 50, quoted at 4% discount and paying 18% dividend annually. Calculate :

  1. the sale proceeds;
  2. the number of shares he buys and
  3. his annual dividend from the shares.
योग

उत्तर

1. Nominal value of 1 share = Rs. 100

Nominal value of 60 shares = Rs. 100 × 60 = Rs. 6,000

Market value of 1 share = Rs. 100 + 60% of Rs. 100

= Rs. 100 + Rs. 60

= Rs. 160

Market value of 60 shares = Rs. 160 × 60 = Rs. 9,600

2. Nominal value of 1 share = Rs. 50

Market value of 1 share = Rs. 50 – 4% of Rs. 50

= Rs. 50 – Rs. 2

= Rs. 48

No of shares purchased = `9600/48` = 200 shares

3. Nominal value of 200 shares = Rs. 50 × 200 = Rs. 10,000

Dividend% = 18%

Dividend = 18% of Rs. 10,000

`= 18/100 xx 10000`

= Rs. 1800

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

APPEARS IN

सेलिना Mathematics [English] Class 10 ICSE
अध्याय 3 Shares and Dividend
Exercise 3 (B) | Q 13 | पृष्ठ ३६

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