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Standard X

Mathematics

Sumeet invest...

Question

Sumeet invested $R s .33000$ in shares of par value $R s .30$ at $10$ % premium. The dividend given is $15$ % pa.
What are the number of shares?

1020

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1040

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1000

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960

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Solution

The correct option is C $1000$
Let no. of shares $= x$
Market value $= 30 + 10$ % ( $30$ ) $= 33$
Thus, we have
$33000 = 33 x$
$x = 1000$

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Sumeet invested Rs.33000 in shares of par value Rs.30 at 10% premium. The dividend given is 15% pa. What are the number of shares?

The correct option is C 1000Let no. of shares =xMarket value =30+10% (30)=33Thus, we have33000=33xx=1000

Sumeet invested $R s .33000$ in shares of par value $R s .30$ at $10$ % premium. The dividend given is $15$ % pa.
What are the number of shares?

The correct option is C $1000$
Let no. of shares $= x$
Market value $= 30 + 10$ % ( $30$ ) $= 33$
Thus, we have
$33000 = 33 x$
$x = 1000$