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ICSE Class 10 Answered

Ls:shares and dividend  Mr.ram gopal invested Rs8000 in7% ,Rs 100 shares at Rs 80 .After a year , he sold these shares at Rs 75 each and invested the proceeds (including his dividend) in 18% , Rs25 shares at Rs41 Find i) his dividend for the first year ; ii) his annual income in second year ; iii) the percentage increase in return on his original investment;
Asked by tirumalashailaja | 08 Jun, 2018, 08:16: PM
answered-by-expert Expert Answer
1st year
Investment = Rs. 8000
Par value is Rs. 100
Market value is Rs. 80
Dividend is 7%
 
2nd year
Selling price per share is Rs. 75
Par value Rs. 25
Market value is Rs. 41
Dividend is 18%
begin mathsize 16px style Number space of space shares space purchased space equals space fraction numerator Investment space over denominator Market space value end fraction equals 8000 over 80 equals 100
Dividend space per space share space equals space 7 over 100 cross times 100 equals Rs. space 7
Dividend space for space 1 to the power of st space year space equals 7 cross times 100 equals Rs. space 700
Sale space proceeds space equals space 75 cross times 100 equals Rs. space 7500
Investment space in space the space second space year space equals space 7500 plus 700 equals Rs. space 8200
Number space of space shares space purchased space in space the space 2 to the power of nd space year space equals space 8200 over 41 equals 200

Dividend space on space each space share space equals space 18 over 100 cross times 25 equals Rs. space 4.5
Annual space income space in space 2 to the power of nd space year space equals space 4.5 cross times 200 equals Rs. space 9
percent sign space increase space equals space 200 over 8000 cross times 100 equals 2.5 percent sign

end style
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