A man buys shares at the par value of Rs 10 yielding 8% dividend at the end of a year.

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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.

Solution:

Face value of each share = Rs 10
Rate of dividend = 8% p.a.
Total dividend = Rs 300
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Ex 3 Q11.1

A man invests Rs 8800 on buying shares of face value of rupees hundred each at a premium of 10%. If he earns Rs 1200 at the end of year as dividend, find:
(i) the number of shares he has in the company.
(ii) the dividend percentage per share.

Solution:

Investment = Rs 8800
Face value of each share = Rs 100
and market value of each share
= Rs 100 + Rs 10 = Rs 110
Total income = Rs 1200
Total face value
= Rs \\ \frac { 8800\times 100 }{ 110 }
= Rs 8000
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Ex 3 Q12.1

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