Unable to see 10th Std Option. Pls help solve 10th Std Chapter Shares and Dividends ...

A man wants to buy 62 Shares available at R 132 ( par value of Rs 100) 1) How much shud he invest 2) If the dividend is 7.5% what will be his annual income ?? 3) If he wants to increase his annual income by Rs 150 how many extra shares shud he buy ???

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Solution

Solution :

Market value of 62 shares = Rs(132×62) = Rs8184.
Therefore, he should invest Rs8184. [Ans.]

Dividend per share = 7.5% of Rs100 = Rs7.5.
Therefore, dividend for 62 shares = Rs7.5×62 = Rs465.
Hence, annual income = Rs465. [Ans.]

Income on one share = Rs7.5
Therefore, for income of Rs150, number of shares = 150/7.5 = 20.
Hence, to increase his income by Rs150, number of extra shares should be 20. [Ans.]

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A man wants to buy 62 shares available at Rs 132(par value of Rs 100)

(i) How much should he invest?

(ii) If the dividend is 7.5 %. What will be his annual income?

A man wants to buy 62 shares available at ₹ 132 (par value being 100). If the dividend is 7.5%, find his annual income

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