Ask a Doubt
Request a call back

Join NOW to get access to exclusive study material for best results

ICSE Class 10 Answered

Mr. Amit invested Rs.52000 on Rs.100 shares of a discount of Rs.20 paying 8% dividend at the end of one year he sells the shares at a premium of Rs. 20. Find:
(i) Annual dividend
(ii) Profit earned including his dividend
Asked by AMIT | 10 Apr, 2017, 05:57: PM
answered-by-expert Expert Answer
begin mathsize 14px style Market space value space of space one space share equals Rs. space left parenthesis 100 minus 20 right parenthesis equals Rs. space 80 Investment equals Rs. space 52000 rightwards double arrow Number space of space shares space bought equals 52000 over 80 equals 650 left parenthesis straight i right parenthesis space Annual space dividend equals Number space of space shares cross times Rste space of space dividend cross times face space value space of space one space share equals 650 cross times 8 over 100 cross times 100 equals Rs. space 5200 left parenthesis ii right parenthesis space As space Mr. space Amit space sells space his space ahres space at space straight a space premium space of space Rs. space 20 comma the space market space value space of space one space share equals Rs. space left parenthesis 100 plus 20 right parenthesis equals Rs. space 120 rightwards double arrow The space selling space value space of space his space 650 space shares equals Rs. space left parenthesis 120 cross times 650 right parenthesis equals Rs. space 78 comma 000 rightwards double arrow Profit space earned space including space his space dividend equals selling space value plus dividend minus investment equals Rs. space left parenthesis 78000 plus 5200 minus 52000 right parenthesis equals Rs. space 31200 end style
Answered by Rashmi Khot | 11 Apr, 2017, 09:48: AM

Concept Videos

Multiple Choice Questions Practice Test
Answered Unanswered My Questions My Answers
ICSE 10 - Maths
Mr. Gupta invested Rs. 33000 in buying Rs.100 shares of a company at 10% premium. The dividend declared by the company is 12% . Find: (a) the number of shares purchased by him. (b) his annual dividend
Asked by sagarmishra | 15 Mar, 2024, 03:22: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
can you please give in detail answer to this question
question image
Asked by shethdhanesh | 18 Nov, 2023, 07:38: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
A man has 300,Rs 50 shares of a company paying 20 percent dividend. find his net income after paying 3 percent income tax.
Asked by sukhmanshergill723 | 23 Apr, 2022, 04:17: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
how much money will be required to buy 400,rs12.50 shares at a premium of rs1
Asked by ramyaramyashree432 | 28 Mar, 2022, 07:20: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
Mrs.Matharu sold shares of face value ₹100, when the market value was ₹65 and recieved ₹9634.95 she paid brokerage 1% and GST on brokerage is 18% How many shares did she sell? 
Asked by rohanshinde68.10spicertl | 13 Jun, 2020, 03:14: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
10÷15
Asked by balasahebjagdale0 | 07 Jun, 2020, 07:24: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
I=pxn(n+1)/2x12xr/100 1000xn(n+1)/24x10/100=5550 100n(n+1)/24=5550 n(n+1)=1332 I have also got this answer can u plz explain me how u got n =36 and 37 from which number u have divided to get this number
Asked by bejibickey8482.10sdatl | 26 Apr, 2020, 01:41: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
shares
question image
Asked by nilesh.dhote74 | 20 Apr, 2020, 10:39: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
banking ch.
question image
Asked by nilesh.dhote74 | 20 Apr, 2020, 09:46: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 10 - Maths
6 no.  
question image
Asked by kaivankoshti7111.10sdatl | 19 Apr, 2020, 11:38: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
My Class Videos Tests ₹ Plans Ask a Doubt
Get Latest Study Material for Academic year 24-25 Click here
×