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ICSE Class 10 Answered

Q2:Ashok invested Rs 26400 in 12%,Rs 25 shares of a company.If he receives a dividend of Rs 2475,find the;a. number of shares he bought;b.Market value of each share.
Asked by kaursukhjindersukh | 19 Aug, 2018, 09:13: PM
answered-by-expert Expert Answer
begin mathsize 18px style straight F. straight V. space of space 1 space share space equals space Rs space 25 Total space dividend space received space equals space Rs space 2475 Rate space of space divident space equals space 12 percent sign divident space per space share space equals 12 over 100 cross times 25 equals 3 No. space of space shares space equals space 2475 over 3 equals 825 MV space of space 1 space share space equals space fraction numerator total space sum over denominator no. space of space shares end fraction equals 26400 over 825 equals Rs space 32 end style
Answered by Arun | 20 Aug, 2018, 10:33: AM

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