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ICSE Class 10 Answered

Q1: Ram bought 496, Rs 100 shares at Rs132 each.Find:a.Investment made by him;b.Income of Ram from these shares,if the rate of dividend is 7.5%;c.How much extra must Ram invest in order to increase his income by Rs 7200?
Asked by kaursukhjindersukh | 19 Aug, 2018, 09:09: PM
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begin mathsize 18px style Investment space equals space number space of space shares space cross times space market space value equals 496 cross times 132 equals 64 comma 472 space Rs. dividend space per space share space equals space fraction numerator 7.5 over denominator 100 end fraction cross times 100 equals 7.5 space Rs. total space dividend space open parentheses income close parentheses space equals 7.5 cross times 496 equals 3720 space Rs income space equals space 7200 space Rs. now 7200 space equals space 7.5 cross times number space of space shares no. space of space shares space equals 960 space Rs. investment space equals space 960 space cross times 132 equals 1 comma 26 comma 720 space Rs. end style
Answered by Arun | 20 Aug, 2018, 10:42: AM

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