Ask a Doubt
Request a call back

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

ICSE Class 10 Answered

A lady holds 1800, Rs 100 shares of a company that pays 15% dividend annually. Calculate her annual dividend. If she had bought these shares at 40% premium, what percentage return does she get on her investment?
Asked by sandhyac2003 | 07 Jun, 2018, 05:07: PM
answered-by-expert Expert Answer
Number of shares = 1800
Face value of each share = Rs. 100
dividend = 15% 
Annual dividend = begin mathsize 16px style 15 over 100 cross times 1800 cross times 100 end style = Rs. 27,000
Total investment 1800 shares at 40% premium = begin mathsize 16px style 140 over 100 cross times 100 cross times 1800 end style = 2,52,000
Return = begin mathsize 16px style fraction numerator 27 comma 000 over denominator 2 comma 52 comma 000 end fraction cross times 100 end style = 10.71
Answered by Sneha shidid | 08 Jun, 2018, 12:56: PM

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
×