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
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%
Answered by Sneha shidid | 10 Jun, 2018, 08:42: PM
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