Adv
deepaksoni
  • 0
Guru

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.

  • 0

an important question from the book -ML aggarwal( avichal publication)class 10th , chapter3, share and dividends
A man buys 200 ten-rupee shares at Rs. 12.50 each and receives a dividend of 8%.

now  we have to ind the amount invested by him and the dividend received by him in cash.
Q no. 3, exercise 3, ML Publication, share and dividends

Share

1 Answer

  1. Given that:- face value of shares = Rs. 10

    Number of shares = 200

    Therefore face value of 200 shares = 10 × 200

    =Rs. 2000

    Now, amount invested for the purchase of 200 shares at the rate of Rs. 12.50 each

    = 12.50 × 200

    = Rs. 2500

    Given that rate of dividend = 8%

    Therefore total amount of dividend = (2000 × 8)/100

    = Rs. 160

    • 0
Leave an answer

Leave an answer

Browse

Choose from here the video type.

Put Video ID here: https://www.youtube.com/watch?v=sdUUx5FdySs Ex: "sdUUx5FdySs".

Captcha Click on image to update the captcha.

Related Questions