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Rs. 50 shares of a company are quoted at a discount of 10%. Find the rate of dividend given by the company, the return on the investment on these shares being 20 per cent. - Mathematics

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प्रश्न

Rs. 50 shares of a company are quoted at a discount of 10%. Find the rate of dividend given by the company, the return on the investment on these shares being 20 per cent.

योग

उत्तर

Nominal value of 1 share = Rs. 50

Market value of 1 share = Rs. 50 – 10% of Rs. 50

= Rs. 50 – Rs. 5

= Rs. 45

Profit% on investment = 20%

Then profit on 1 share = 20% of Rs. 45 =  Rs. 9

∴ Dividend% = `9/50 xx 100` = 18%

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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 4 | पृष्ठ ३६

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