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ICSE Class 10 Answered

By puchasing Rs25 shares att Rs 40 each rohan gets 4prcnt profit on his investment
What rate percent is company paying
What is his dividend if he buys 60 shares
(I did not get the statement of ques plz explain and answer
Asked by lovemaan5500 | 11 Dec, 2017, 05:32: PM
answered-by-expert Expert Answer
begin mathsize 16px style Nominal space value space of space 1 space share equals Rs. space 25 Market space value space of space 1 space share equals Rs. space 40 Profit percent sign space on space investment equals 4 percent sign Then comma space profit space on space 1 space share equals 4 percent sign space of space Rs. space 40 equals Rs. space 1.60 rightwards double arrow Dividend percent sign equals fraction numerator 1.60 over denominator 25 end fraction cross times 100 percent sign equals 6.4 percent sign Number space of space shares space purchased equals 60 Then comma space dividend space on space 60 space shares equals 60 cross times Rs. space 1.60 equals Rs. space 96 end style
Answered by Rashmi Khot | 12 Dec, 2017, 11:24: AM

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