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ML Aggarwal solutions for Understanding ICSE Mathematics [English] Class 10 chapter 3 - Shares and Dividends [Latest edition]

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Chapters

    1: Value Added Tax

    2: Banking

▶ 3: Shares and Dividends

    4: Linear Inequations

    5: Quadratic Equations in One Variable

    6: Factorization

    7: Ratio and Proportion

    8: Matrices

    9: Arithmetic and Geometric Progressions

   Chapter 10: Reflection

   Chapter 11: Section Formula

   Chapter 12: Equation of a Straight Line

   Chapter 13: Similarity

   Chapter 14: Locus

   Chapter 15: Circles

   Chapter 16: Constructions

   Chapter 17: Mensuration

   Chapter 18: Trigonometric Identities

   Chapter 19: Trigonometric Tables

   Chapter 20: Heights and Distances

   Chapter 21: Measures of Central Tendency

   Chapter 22: Probability

ML Aggarwal solutions for Understanding ICSE Mathematics [English] Class 10 chapter 3 - Shares and Dividends - Shaalaa.com
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Solutions for Chapter 3: Shares and Dividends

Below listed, you can find solutions for Chapter 3 of CISCE ML Aggarwal for Understanding ICSE Mathematics [English] Class 10.


Exercise 3.1Multiple Choice QuestionChapter Test
Exercise 3.1

ML Aggarwal solutions for Understanding ICSE Mathematics [English] Class 10 3 Shares and Dividends Exercise 3.1

Exercise 3.1 | Q 1

Find the dividend received on 60 shares of Rs, 20 each if 9% dividend is declared.

Exercise 3.1 | Q 2

A company declares 8 percent dividend to the share holders. If a man receives Rs. 2840 as his dividend, find the nominal value of his shares.

Exercise 3.1 | Q 3

A man buys 200 ten-rupee shares at Rs 12.50 each and receives a dividend of 8%. Find the amount invested by him and the dividend received by him in cash.

Exercise 3.1 | Q 4

Find the market price of 5% share when a person gets a dividend of Rs 65 by investing Rs. 1430.

Exercise 3.1 | Q 5

Salman buys 50 shares of face value Rs 100 available at Rs 132.
(i) What is his investment?
(ii) If the dividend is 7.5% p.a., what will be his annual income?
(iii) If he wants to increase his annual income by Rs 150, how many extra shares should he

Exercise 3.1 | Q 6

A lady holds 1800, Rs. 100 shares of a company that pays 15% dividend annually. Calculate her annual dividend. If she had bought these shares at 40% premium, what percentage return does she get on her investment? Give your answer to the nearest integer.

Exercise 3.1 | Q 7

What sum should a person invest in Rs 25 shares, selling at Rs 36, to obtain an income of Rs 720, if the dividend declared is 12%? Also find the percentage return on his income.
(i) The number of shares bought by him.
(ii) The percentage return on his income.

Exercise 3.1 | Q 8

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. 

Exercise 3.1 | Q 9

Amit Kumar invests Rs 36,000 in buying Rs 100 shares at Rs 20 premium. The dividend is 15% per annum. Find :
(i) The number of shares he buys
(ii) His yearly dividend
(iii) The percentage return on his investment.
Give your answer correct to the nearest whole number.

Exercise 3.1 | Q 10

Mr. Tiwari invested Rs 29,040 in 15% Rs 100 shares at a premium of 20%. Calculate:
(i) The number of shares bought by Mr. Tiwari.
(ii) Mr. Tiwari’s income from the investment.
(iii) The percentage return on his investment.

Exercise 3.1 | Q 11

A man buys shares at the par value of Rs 10 yielding 8% dividend at the end of a year. Find the number of shares bought if he receives a dividend of Rs 300.

Exercise 3.1 | Q 12

A man invests Rs. 8,800 in buying shares of a company of face value of rupees hundred each at a premium of 10%. If he earns Rs. 1,200 at the end of year as dividend, find:

  1. the number of shares he has in the company.
  2. the dividend percent per share.
Exercise 3.1 | Q 13

A man invested Rs. 45000 in 15% Rs. 100 shares quoted at Rs. 125. When the market value of these shares rose to Rs. 140, he sold some shares, just enough to raise Rs. 8400. Calculate :
(i) the number of shares he still holds.
(ii) the dividend due to him on these shares.

Exercise 3.1 | Q 14

A company pays a dividend of 15% on its ten-rupee shares from which it deducts tax at the rate of 22%. Find the annual income of a man, who owns one thousand shares of this company.

Exercise 3.1 | Q 15

Ajay owns 560 shares of a company. The face value of each share is Rs. 25. The company declares a dividend of 9%. Calculate.
(i) the dividend that Ajay will get.
(ii) the rate of interest, on his investment if Ajay has paid Rs. 30 for each share.

Exercise 3.1 | Q 16

A company with 10,000 shares of nominal value of Rs. 100 declares an annual dividend of 8% to the share-holders.

  1. Calculate the total amount of dividend paid by the company.
  2. Ramesh had bought 90 shares of the company at Rs. 150 per share. Calculate the dividend he receives and the percentage of return on his investment.
Exercise 3.1 | Q 17

A company with 4000 shares of nominal value of Rs.110 declares annual dividend of 15%. Calculate :
(i) the total amount of dividend paid by the company,
(ii) the annual income of Shah Rukh who holds 88 shares in the company,
(iii) if he received only 10% on his investment, find the price Shah Rukh paid for each share. 

Exercise 3.1 | Q 18

By investing Rs. 7500 in a company paying 10 percent dividend, an income of Rs. 500 is received. What price is paid for each Rs.100 share

Exercise 3.1 | Q 19

A man invests Rs. 8000 in a company paying 8% dividend when a share of face value of Rs. 100 is selling at Rs. 60 premium,
(i) What is his annual income,
(ii) What percent does he get on his money?

Exercise 3.1 | Q 20

A man buys 400 ten-rupee shares at a premium of Rs. 2.50 on each share. If the rate of dividend is 8%, Find,
(i) his investment
(ii) dividend received
(iii) yield.

Exercise 3.1 | Q 21

A man invests Rs. 10400 in 6% shares at Rs. 104 and Rs. 11440 in 10.4% shares at Rs. 143. How much income would he get in all?

Exercise 3.1 | Q 22

Two companies have shares of 7% at Rs. 116 and 9% at Rs. 145 respectively. In which of the shares would the investment be more profitable?

Exercise 3.1 | Q 23

Which is better investment : 6% Rs. 100 shares at Rs. 120 or 8% Rs. 10 shares at Rs. 15

Exercise 3.1 | Q 24

A man invests Rs -10080 in 6% hundred- rupee shares at Rs. 112. Find his annual income. When the shares fall to Rs. 96 he sells out the shares and invests the proceeds in 10% ten-rupee shares at Rs. 8. Find the change in his annual income.

Exercise 3.1 | Q 25

A man bought 360 ten-rupee shares paying 12% per annum. He sold them when the price rose to Rs. 21 and invested the proceeds in five-rupee shares paying `4(1)/(2)` % per annum at Rs. 3.5 per share. Find the annual change in his income.

Exercise 3.1 | Q 26

A person invests Rs. 4368 and buys certain hundred-rupee shares at 91. He sells out shares worth Rs. 2400 when they have t risen to 95 and the remainder when they have fallen to 85. Find the gain or loss on the total transaction,

Exercise 3.1 | Q 27

By purchasing Rs. 50 gas shares for Rs. 80 each, a man gets 4% profit on his investment. What rate percent is company paying ? What is his dividend if he buys 200 shares?

Exercise 3.1 | Q 28

Rs. 100 shares of a company are sold at a discount of Rs. 20. If the return on the investment is 15%. Find the rate of dividend declared

Exercise 3.1 | Q 29

A company declared a dividend of 14%. Find tire market value of Rs. 50 shares if the return on the investment was 10%.

Exercise 3.1 | Q 30

At what price should a 6.25% Rs. 100 shares be quoted when the money is worth 5%?

Exercise 3.1 | Q 31

At what price should a 6.25% Rs. 50 share be quoted when the money is worth 10%?

Exercise 3.1 | Q 32

A company with 10000 shares of Rs. 100 each, declares an annual dividend of 5%.
(i) What is the total amount of dividend paid by the company?
(ii) What would be the annual income of a man, who has 72 shares, in the company?
(iii) If he received only 4% on his investment, find the price he paid for each share. 

Exercise 3.1 | Q 33

A man sold some Rs. 100 shares paying 10% dividend at a discount of 25% and invested the proceeds in Rs. 100 shares paying 16% dividend quoted at Rs. 80 and thus increased his income by Rs. 2000. Find the number of shares sold by him.

Exercise 3.1 | Q 34

By selling at Rs. 77, some `2(1)/(4)` % shares of face value Rs. 100, and investing the proceeds in 6% shares of face value Rs. 100, selling at 110, a person increased his income by Rs, 117 per annum. How many shares did he sell?

Exercise 3.1 | Q 35

A man invests Rs. 6750, partly in shares of 6% at Rs. 140 and partly in shares of 5% at Rs. 125. If his total income is Rs. 280, how much has he invested in each?

Exercise 3.1 | Q 36

Divide Rs. 20304 into two parts such that if one part is invested in 9% Rs. 50 shares at 8% premium and the other part is invested in 8% Rs. 25 shares at 8% discount, then the annual incomes from both the investment are equal

Multiple Choice Question

ML Aggarwal solutions for Understanding ICSE Mathematics [English] Class 10 3 Shares and Dividends Multiple Choice Question

Multiple Choice Question | Q 1

If Jagbeer invest ₹10320 on ₹100 shares at a discount of ₹ 14, then the number of shares he buys is

  • 110

  • 120

  • 130

  • 150

Multiple Choice Question | Q 2

If Nisha invests ₹ 19200 on ₹ 50 shares at a premium of 20%, then the number of shares she buys is

  • 640

  • 384

  • 320

  • 160

Multiple Choice Question | Q 3

₹ 40 shares of a company are selling at 25% premium. If Mr. Jacob wants to buy 280 shares of the company, then the investment required by him is

  • ₹ 11200

  • ₹ 14000

  • ₹ 16800

  • ₹ 8400

Multiple Choice Question | Q 4

Arun possesses 600 shares of ₹ 25 of a company. If the company announces a dividend of 8%, then Arun’s annual income is

  • ₹ 48

  • ₹ 480

  • ₹ 600

  • ₹ 1200

Multiple Choice Question | Q 5

A man invests ₹ 24000 on ₹ 60 shares at a discount of 20%. if the dividend declared by the company is 10%, then his annual income is

  • ₹ 3000

  • ₹ 2880

  • ₹ 1500

  • ₹ 1440

Multiple Choice Question | Q 6

Salman has some shares of ₹ 50 of a company paying 15% dividend. If his annual income is ₹ 3000, then the number of shares he possesses is

  • 80

  • 400

  • 600

  • 800

Multiple Choice Question | Q 7

₹ 25 shares of a company are selling at ₹ 20. If the company is paying a dividend of 12%, then the rate of return is

  • 10%

  • 12%

  • 15%

  • 18%

Chapter Test

ML Aggarwal solutions for Understanding ICSE Mathematics [English] Class 10 3 Shares and Dividends Chapter Test

Chapter Test | Q 1

If a man received ₹ 1080 as dividend from 9% ₹ 20 shares, find the number of shares purchased by him.

Chapter Test | Q 2

Find the percentage interest on capital invested in 18% shares when a Rs 10 share costs Rs 12.

Chapter Test | Q 3

Rohit Kulkami invests Rs 10000 in 10% Rs 100 shares of a company. If his annual dividend is Rs 800, find :
(i) The market value of each share.
(ii) The rate percent which he earns on his investment.

Chapter Test | Q 4

At what price should a 9% Rs 100 share be quoted when the money is worth 6%?

Chapter Test | Q 5

By selling at Rs. 92, some 2.5% Rs. 100 shares and investing the proceeds in 5% Rs. 100 shares at Rs. 115, a person increased his annual income by Rs. 90. Find:
(i) the number of shares sold.
(ii) the number of shares purchased.
(iii) the new income.
(iv) the rate percent which he earns on his investment.

Chapter Test | Q 6

A man has some shares of Rs. 100 par value paying 6% dividend. He sells half of these at a discount of 10% and invests the proceeds in 7% Rs. 50 shares at a premium of Rs. 10. This transaction decreases his income from dividends by Rs. 120. Calculate:
(i) the number of shares before the transaction.
(ii) the number of shares he sold.
(iii) his initial annual income from shares.

Chapter Test | Q 7

Divide Rs. 101520 into two parts such that if one part is invested in 8% Rs. 100 shares at 8% discount and the other in 9% Rs. 50 shares at 8% premium, the annual incomes are equal.

Chapter Test | Q 8

A man buys Rs. 40 shares of a company which pays 10% dividend. He buys the shares at such a price that his profit is 16% on his investment. At what price did he buy each share?

Solutions for 3: Shares and Dividends

Exercise 3.1Multiple Choice QuestionChapter Test
ML Aggarwal solutions for Understanding ICSE Mathematics [English] Class 10 chapter 3 - Shares and Dividends - Shaalaa.com

ML Aggarwal solutions for Understanding ICSE Mathematics [English] Class 10 chapter 3 - Shares and Dividends

Shaalaa.com has the CISCE Mathematics Understanding ICSE Mathematics [English] Class 10 CISCE solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. ML Aggarwal solutions for Mathematics Understanding ICSE Mathematics [English] Class 10 CISCE 3 (Shares and Dividends) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.

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Concepts covered in Understanding ICSE Mathematics [English] Class 10 chapter 3 Shares and Dividends are Shares and Dividends Examples, Shares and Dividends.

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