Rohit Kulkami invests Rs 10000 in 10% Rs 100 shares

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Rohit Kulkami invests Rs 10000 in 10% Rs 100 shares of a company. If his annual dividend is Rs 800, find :
(i) The market value of each share.
(ii) The rate percent which he earns on his investment.

Solution:

Investment = Rs 10000
Face value of each share = Rs 100
Rate of dividend = 10%
Annual dividend = Rs 800
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Chapter Test Q3.1

At what price should a 9% Rs 100 share be quoted when the money is worth 6% ?

Solution:

If interest is 6 then investment = Rs 100
and if interest is 9, then investment
= Rs \\ \frac { 100\times 9 }{ 6 }
= Rs 150
Market value of each share = Rs 150 Ans

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