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Maharashtra Class 10 Answered

A person buy 60 shares of fv 10at mv 15. The company  declares 12% dividend after  receiving  a dividend  he sells the shares at my rs 20.He invest the proceed to buy share of another company at mv rs 12 of  fv rs 5. The  company  declares  8% dividend. What is actual difference in the dividend received by person in two companies? 
Asked by abhayjahagirdar | 05 Dec, 2019, 01:53: PM
answered-by-expert Expert Answer
FV = 10 Rs.
MV = 15 Rs.
No. of shares = 60 
total investment = Rs. 900
Divident  = 12%
Divident on 60 shares = (12/100) × 10 × 60 = 72 rs.
Selling price of 60 shares = 60 × 20 = 1200 rs.
total proceeds = 1272 Rs.
 
Other company
FV = 5
MV = 12
Investment = 1272
No. of shares = 1272/12 = 106
D = 8%
D on 106 shares=  (8/100) × 5 × 106 = 42.4 rs
Difference in dividend = 72 - 42.4 = 29.6 Rs.
Answered by Arun | 08 Dec, 2019, 11:55: AM

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