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

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Question

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

Sum

Solution

Income on one share = `(9)/(100) xx 20`

= `"Rs." (9)/(5)`
∴ No. of shares = `1080 xx (5)/(9)`
= 120 x 5
= 600.

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Chapter 3: Shares and Dividends - Chapter Test

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ML Aggarwal Understanding ICSE Mathematics [English] Class 10
Chapter 3 Shares and Dividends
Chapter Test | Q 1

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