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ICSE Class 10 Answered

Share and dividend (1no.)
question image
Asked by Sanjaya | 23 Feb, 2018, 07:29: AM
answered-by-expert Expert Answer
begin mathsize 16px style According space to space the space question
Market space value space of space one space share equals 100 plus 20 over 100 cross times 100 equals Rs. space 120
Number space of space shares space purchased space before equals 9600 over 120 equals Rs. space 80 space left parenthesis value space of space one space share right parenthesis
selling space price space of space one space share equals 160
selling space price space of space 80 space shares equals 160 cross times 80 equals Rs. space 12800
Market space value space of space new space share equals Rs. space 40
Investment equals Rs. space 12800
The space number space of space new space shares space purchased equals Investment space value space of space one space share
fraction numerator space 12800 over denominator 40 end fraction equals 320
Annual space income space from space new space shares
equals Number space of space shares space cross times rate space of space dividend cross times face space value space of space one space share
equals 100 cross times 50
equals Rs. space 1600
Change space in space two space dividends equals 1600 minus 640
equals Rs. space 960 end style
Answered by Sneha shidid | 23 Feb, 2018, 10:36: AM
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