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# Selina Concise Mathematics - Part II Solution for Class 10 Mathematics Chapter 3 - Shares and Dividends

## Selina Textbook Solutions Chapter 3 - Shares and Dividends

Selina Textbook Solutions are a perfect way to ace your examination with high marks. These Textbook Solutions are extremely helpful for solving difficult questions in the ICSE Class 10 Mathematics exam. Our Selina Textbook Solutions are written by our subject experts. Find all the answers to the Selina textbook questions of Chapter 3 - Shares and Dividends.

All Selina textbook questions of Chapter 3 - Shares and Dividends solutions are created in accordance with the latest ICSE syllabus. These free Textbook Solutions for ICSE Class 10 Selina Concise Mathematics will give you a deeper insight on the fundamentals in this chapter and will help you to score more marks in the final examination. ICSE Class 10 students can refer to these solutions while doing their homework and while studying and revising for the Mathematics exam.

Exercise/Page

## Selina Concise Mathematics - Part II Solution for Class 10 Mathematics Chapter 3 - Shares and Dividends Page/Excercise 3(B)

Solution 1

Nominal value of 1share= Rs100

Nominal value of 75 shares= 100 75= Rs7,500

Dividend% = 9%

Let market price of 1 share= Rsy

Then market price of 75 shares= Rs75y

Profit% on investment= 12%

Solution 2

Nominal value of 1 share= Rs25

Market value of 1 share= Rs40

Profit% on investment= 4%

Then profit on 1 share = 4% of Rs40= Rs1.60

Ans.

No. of shares purchased= 60

Then dividend on 60 shares= 60 Rs1.60= Rs96 Ans.

Solution 3

Nominal value of 1 share= Rs100

Market value of 1 share= Rs100+ Rs20= Rs120

Profit% on investment of 1 share=15%

Then profit= 15% of Rs120= Rs18

Ans.

Solution 4

Nominal value of 1 share= Rs50

Market value of 1 share= Rs50 - 10% of Rs50

= Rs50 - Rs5= Rs45

Profit % on investment= 20%

Then profit on 1 share= 20% of Rs45= Rs9

Ans.

Solution 5

Dividend% = 8%

Dividend = Rs2,840

Let nominal value of shares= Rsy

Solution 6

Nominal value of 1 share= Rs100

Market value of 1 share= Rs110

Let no. of shares purchased= n

Then nominal value of n shares= Rs(100n)

Dividend%= 12%

Dividend= Rs1,680

Then market value of 140 shares= 140 110= Rs15,400 Ans.

Solution 7

Nominal value of 1 share= Rs60

Market value of 1 share= Rs60+ 25% of Rs60

= Rs60+ Rs15= Rs75

Let no. of shares purchased= n

Then nominal value of n shares= Rs(60n)

Dividend%= 11.2%

Dividend= Rs1,680

Then market value of 250 shares= 250 75= Rs18,750 Ans.

Solution 8

Nominal value of 1 share= Rs20

Market value of 1 share= Rs20+Rs4= Rs24

No. of shares purchased= 400

Nominal value of 400 shares= 400 x 20= Rs8,000

(i)Market value of 400 shares= 400 x 24= Rs9,600

(ii)Dividend%= 12%

Dividend = 12% of Rs8,000

(iii)

Solution 9

Nominal value of 1 share= Rs20

Market value of 1 share= Rs20 - 20% of Rs20

= Rs20 - Rs4 = Rs16

No. of shares purchased= 400

Nominal value of 400 shares= 400 x 20= Rs8,000

(i)Market value of 400 shares= 400 x 16= Rs6,400

(ii)Return%= 12%

Income= 12% of Rs6,400

Solution 10

Nominal value of 1 share= Rs100

Nominal value of 10,000shares =10,000 x Rs100= Rs10,00,000

(i)Dividend%= 5%

Dividend = 5% of Rs10,00,000

(ii)Nominal value of 72 shares= Rs100 x 72= Rs7,200

Dividend= 5% of Rs7,200

(iii)Let market value of 1 share= Rs y

Then market value of 10,000 shares= Rs(10,000y)

Return%= 4%

Solution 11

Nominal value of 1 share= Rs100

Market value of 1 share= Rs100+40% of Rs100

= Rs100+Rs40= Rs140

No. of shares purchased= 1800

Nominal value of 1800 shares= 1800 x 100= Rs1,80,000

Market value of 1800 shares= 1800 x 140 = Rs2,52,000

(i)Dividend%= 15%

Dividend = 15% of Rs1,80,000

Ans.

(ii)

Solution 12

Nominal value of 1 share= Rs100

Market value of 1 share= Rs140

Total investment= Rs11,200

Then nominal value of 80 shares= 80 x 100= Rs8,000

(i)Dividend%= 6%

Dividend= 6% of Rs8,000

(ii)

Solution 13

1st case

Nominal value of 1 share= Rs100

Nominal value of 60 shares= Rs100 x 60= Rs6,000

Market value of 1 share= Rs100+ 60% of Rs100

= Rs100+ Rs60= Rs160

Market value of 60 shares= Rs160 x 60= Rs9,600 Ans.

(ii)Nominal value of 1 share= Rs50

Market value of 1 share= Rs50 - 4% of Rs50

= Rs50 - Rs2= Rs48

Ans.

(iii)Nominal value of 200 shares=Rs50 x 200= Rs10,000

Dividend%= 18%

Dividend= 18% of Rs10,000

Ans.

Solution 14

(i)

Nominal value of 1 share= Rs100

Nominal value of 10,000 shares= Rs100 x 10,000= Rs10,00,000

Dividend%= 8%

Dividend = 8% of Rs10,00,000

(ii)

Market value of 90 shares= Rs150 x 90= Rs13,500

Nominal value of 90 shares= Rs100 x 90= Rs9,000

Dividend = 8% of Rs9,000

(iii)

Solution 15

1st case

16%Rs.100 shares at 80 means;

Market value of 1 share= Rs80

Nominal value of 1 share= Rs100

Dividend= 16%

Income on Rs80= 16% of Rs100= Rs16

Income on Rs1

2nd case

20% Rs.100 shares at 120 means;

Market value of 1 share= Rs120

Nominal value of 1 share= Rs100

Dividend= 20%

Income on Rs120= 20% of Rs100= Rs20

Income on Rs1

Then 16% Rs.100 shares at 80 is better investment.

Solution 16

(i)

1st firm

Market value of 1 share= Rs120

Nominal value of 1 share= Rs100

Dividend= 5%

Income on Rs120= 5% of Rs100= Rs5

Income on Rs1

2nd firm

Market value of 1 share= Rs132

Nominal value of 1 share= Rs100

Dividend= 6%

Income on Rs132= 6% of Rs100= Rs6

Income on Rs1

Then investment in second company is giving better return Ans.

(ii)

Income on investment of Rs26,400 in first firm

Income on investment of Rs26,400 in second firm

Solution 17

1st case

Nominal value of 1 share= Rs10

Nominal value of 360 shares= Rs10 x 360= Rs3,600

Market value of 1 share= Rs21

Market value of 360 shares= Rs21 x 360= Rs7,560

Dividend%= 12%

Dividend= 12% of Rs3,600

2nd case

Nominal value of 1 share= Rs5

Market value of 1 share= Rs3.50

Nominal value of 2160 shares=Rs5 x 2160= Rs10,800

Dividend%= 4.5%

Dividend= 4.5% of Rs10,800

Annual change in income= Rs486 - Rs432

= Rs54 increase Ans.

Solution 18

1st case

Nominal value of 1 share= Rs20

Nominal value of 400 shares= Rs20 x 400= Rs8,000

Market value of 1 share= Rs18

Market value of 400 shares= Rs18 x 400= Rs7,200

Dividend%= 5%

Dividend= 5% of Rs8,000

2nd case

Nominal value of 1 share= Rs10

Market value of 1 share= Rs12

Ans.

Nominal value of 600 shares=Rs10 x 600= Rs6,000

Dividend%= 7%

Dividend= 7% of Rs6,000

Annual change in income= Rs420 - Rs400

= Rs20 increase Ans.

Solution 19

For A

Total investment= Rs16,000

Nominal value of 1 share= Rs100

Market value of 1 share= Rs80

Nominal value of 200 shares= Rs100 x 200= Rs20,000

Dividend%= 3%

Dividend = 3% of Rs20,000

For B

Total investment= Rs16,000

Nominal value of 1 share= Rs10

Market value of 1 share= Rs10

Nominal value of 1600shares= 10 x 1600= Rs16,000

= Rs600

Solution 20

Total investment= Rs20,020

Nominal value of 1 share= Rs26

Market value of 1 share= Rs26+ 10% of Rs26

= Rs26+ Rs2.60= Rs28.60

Ans.

Nominal value of 700 shares= Rs26 x 700= Rs18,200

Dividend%= 15%

Dividend= 15% of Rs18,200

Ans.

## Selina Concise Mathematics - Part II Solution for Class 10 Mathematics Chapter 3 - Shares and Dividends Page/Excercise 3(C)

Solution 1

Solution 2

Solution 3

Solution 4

Solution 5

Solution 6

Solution 7

Solution 8

(i)

1st firm

Nominal value of 1 share= Rs10

Market value of 1 share= Rs13

Dividend%= 5%

Dividend = 5% of Rs10= Rs0.50

2nd firm

Nominal value of 1 share= Rs10

Market value of 1 share= Rs16

Dividend%= 6%

Dividend = 6% of Rs10= Rs0.60

Then first firm is paying better than second firm.

(ii)

Let money invested in each firm= Rs y

For 1st firm

Total dividend

For 2nd firm

Total dividend

Given- difference of both dividend= Rs30

Total money invested in both firms= Rs31,200 2

= Rs62,400 Ans.

Solution 9

(i) Total dividend = Rs. 2,475

(ii) Market value of 825 shares = Rs. 26,400

Solution 10

(i)

Total investment= Rs45,000

Market value of 1 share= Rs125

Nominal value of 360 shares= Rs100 x 360= Rs36,000

Let no. of shares sold= n

Then sale price of 1 share= Rs140

Total sale price of n shares= Rs8,400

Then

The no. of shares he still holds= 360 - 60= 300

(ii)

Nominal value of 300 shares= Rs100 300= Rs30,000

Dividend%= 15%

Dividend = 15% of Rs30,000

Solution 11

Total investment= Rs29,040

Nominal value of 1 share= Rs100

Market value of 1 share= Rs100+ 20% of Rs100

= Rs100 + Rs20=Rs120

Nominal value of 242 shares= Rs100 x 242= Rs24,200

Dividend%= 15%

Dividend= 15% of Rs24,200

Solution 12

(i)Nominal value of 1 share= Rs150

Dividend%= 12%

Dividend on I share= 12% of Rs150

Let market value of 1 share= Rs y

Return%= 10%

(ii)when dividend is Rs18, then investment is Rs180

When dividend is Rs1,350, then investment

=Rs 13, 500

Solution 13

Total investment= Rs50,760

Let 1st part= Rs y

2nd part= Rs(50,760-y)

For 1st part

Nominal value of 1 share= Rs100

Market value of 1 share= Rs100 - 8% of Rs100

= Rs100 - Rs8= Rs92

Dividend%= 8%

Dividend on 1 share= 8% of Rs100= Rs8

Total dividend

For 2nd part

Nominal value of 1 share= Rs100

Market value of 1 share= Rs100 + 8% of Rs100

= Rs100 + Rs8= Rs108

Dividend%= 9%

Dividend on 1 share= 9% of Rs100= Rs9

Total dividend

Given that both dividend are equal

Then

1st part= Rs24,840

2nd part= Rs50760 - Rs24,840= Rs25,920 Ans.

Solution 14

Let his total savings is Rs y

1st case

His saving= of y = Rs

Market price of 1 share= Rs60

Then shares purchased=

Dividend on 1share= 20% of Rs50= Rs10

Total dividend=

2nd case

His saving= of y= Rs

Market price of 1share= Rs110

Then shares purchased =

Dividend on 1share= 10% of Rs100= Rs10

Total dividend=

According to question

Total income = Rs9,200

The number of Rs50share= Ans.

The number of Rs100 share= Ans.

Solution 15

1st case

Total investment= Rs4,500

Market value of 1 share= Rs15

Nominal value of 1 share= Rs10

Nominal value of 300 shares= Rs10 300= Rs3,000

Dividend=8% of Rs3,000

Sale price of 1 share= Rs30

Total sale price= Rs30 x 300= Rs9,000 Ans.

(ii)new market price of 1 share= Rs125

Ans.

(iii)

New nominal value of 1 share= Rs100

New nominal value of 72 shares= Rs100 x 72= Rs7,200

Dividend%= 12%

New dividend= 12% of Rs7,200

Change in annual income= Rs864 - Rs240

= Rs624 Ans.

Solution 16

Rate of dividend = 8%

Investment = Rs.52000

Market Rate = Rs.100 - 20 = Rs.80

No. of shares purchased =

(i) Annual dividend = 650 × 8 = Rs.5200 Ans.

(ii) On selling, market rate = Rs.100+20 = Rs.120

Sale price = 650 × 120 = Rs.78000

Profit = Rs.78000 - Rs.52000 = Rs.26000

Total gain = 26000 + 5200 = Rs.31200 Ans.

Solution 17

Solution 18

Solution 19

## Selina Concise Mathematics - Part II Solution for Class 10 Mathematics Chapter 3 - Shares and Dividends Page/Excercise 3(A)

Solution 1

Solution 2

Solution 3

Nominal value of 120 shares= Rs40 120= Rs4,800

Market value of 120 shares= Rs42.50 120= Rs5,100

His profit = Rs5,100 - Rs4,800= Rs300 Ans.

Solution 4

Market value of 1 share= Rs63.25

Market value of 85 shares= Rs63.25 85= Rs5,376.25 Ans.

Solution 5

Nominal value of 1 share= Rs5

Market value 1 share= Rs5 + Rs1.15= Rs6.15

Total money invested= Rs800

Market value of 160 shares= 160 x 6.15= Rs984

His profit = Rs984 - Rs800= Rs184 Ans.

Solution 6

Solution 7

Market value of 1 share= Rs16

Nominal value of 1share= Rs10

Money invested= Rs3,072

Nominal value of 192 shares= 10 x 192= Rs1,920

Solution 8

Total money invested= Rs7,770

Nominal value of 1 share= Rs100

Market value of 1 share= Rs100+ Rs5= Rs105

Nominal value of 74 shares= 74 x 100= Rs7,400

Solution 9

Nominal value of 1 share= Rs50

Market value of 1 share= Rs50+ Rs10= Rs60

Market value of 320 shares= 320 x 60 = Rs19,200

Nominal value of 320 shares= 320 x 50= Rs16,000

Solution 10

Nominal value of 1 share= Rs75

Market value of 1 share= Rs75 - Rs15= Rs60

Market value of 120 shares= 120 x 60= Rs7,200

Nominal value of 120 shares= 120 x 75= Rs9,000

Solution 11

Nominal value of 1 share= Rs50

Nominal value of 300 shares= 300 x 50 = Rs15,000

His net income= Rs3,000 - Rs90= Rs2,910 Ans.

Solution 12

Nominal value of 1 share= Rs10

Nominal value of 1000 shares= 1000 x 10 = Rs10,000

His net income= Rs1,500 - Rs330= Rs1,170 Ans.

Solution 13

Total investment= Rs8,800

Nominal value of 1 share= Rs100

Market value of 1 share= Rs110

Nominal value of 80 shares= 80 x 100= Rs8,000

Let dividend%= y%

Solution 14

Nominal value of 1 share= Rs24

Market value of 1 share= Rs24+ 12% of Rs24

= Rs24+ Rs2.88= Rs26.88

Total investment= Rs1,680

Nominal value of 62.5 shares= 62.5 x 24= Rs1,500

Solution 15

Total investment= Rs7,500

Nominal value of 1 share= Rs100

No. of shares purchased= y

Nominal value of y shares= 100 x y= Rs(100y)

Dividend%= 10%

Dividend = Rs500

Ans.

## Browse Study Material

TopperLearning provides step-by-step solutions for each question in each chapter. Access Chapter 3 - Shares and Dividends  for ICSE Class 10 Mathematics free of cost. The solutions are provided by our subject matter experts. Refer to our solutions for the Selina Concise Mathematics textbook to revise the whole chapter and clear your fundamentals before the examination. By referring to the solutions for this chapter and the others, we hope that you are able to write your exams well.

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