ICSE Class X shares and dividend 30 days practice with solution

Solutions: ICSE Class 10 Shares and Dividends

  1. A man buys 200 shares of ₹10 each. The company declares a 10% dividend. Find his income.
    Solution:
    Face value = ₹10
    Dividend = 10% of ₹10 = ₹1 per share
    Income = 200 × ₹1 = ₹200
  2. How much should be invested in ₹100 shares at 20% premium to earn ₹720 if the dividend is 12%?
    Solution:
    Market value = ₹100 + 20% of ₹100 = ₹120
    Dividend per share = 12% of ₹100 = ₹12
    Number of shares = ₹720 ÷ ₹12 = 60
    Investment = 60 × ₹120 = ₹7,200
  3. A person invests ₹5,000 in ₹25 shares quoted at ₹30. If the dividend is 10%, find the annual income.
    Solution:
    Number of shares = ₹5,000 ÷ ₹30 = 166.67 ≈ 166 shares
    Dividend per share = 10% of ₹25 = ₹2.50
    Income = 166 × ₹2.50 = ₹415
  4. Find the income from 120 shares of ₹50 each when the dividend declared is 15%.
    Solution:
    Dividend per share = 15% of ₹50 = ₹7.50
    Income = 120 × ₹7.50 = ₹900
  5. How many ₹10 shares at ₹12 must be bought to earn a dividend of ₹300 at 10%?
    Solution:
    Dividend per share = 10% of ₹10 = ₹1
    Number of shares = ₹300 ÷ ₹1 = 300 shares
  6. A company declares a dividend of 8% on ₹100 shares. Find the income on 50 shares.
    Solution:
    Dividend per share = 8% of ₹100 = ₹8
    Income = 50 × ₹8 = ₹400
  7. Find the market value of 240 shares of ₹20 each when the total investment is ₹6,000.
    Solution:
    Market value per share = ₹6,000 ÷ 240 = ₹25
  8. One hundred ₹100 shares are bought at ₹120 each. The company declares an 18% dividend. Find the income and yield.
    Solution:
    Income = 100 × (18% of ₹100) = 100 × ₹18 = ₹1,800
    Investment = 100 × ₹120 = ₹12,000
    Yield = (₹1,800 ÷ ₹12,000) × 100 = 15%
  9. If a 10% dividend is declared on ₹20 shares bought at ₹25, find the yield.
    Solution:
    Dividend = 10% of ₹20 = ₹2
    Yield = (₹2 ÷ ₹25) × 100 = 8%
  10. A man buys 80 shares of ₹25 each at ₹20. If the company pays a 12% dividend, find his income.
    Solution:
    Dividend = 12% of ₹25 = ₹3
    Income = 80 × ₹3 = ₹240
    1. Find the number of ₹100 shares that can be bought for ₹5,200 at a premium of 30%.
      Solution:
      Market value per share = ₹100 + 30% of ₹100 = ₹130
      Number of shares = ₹5,200 ÷ ₹130 = 40 shares
    2. A man wants an annual income of ₹1,800. How much should he invest in ₹50 shares at ₹60 with a 12% dividend?
      Solution:
      Dividend per share = 12% of ₹50 = ₹6
      Number of shares = ₹1,800 ÷ ₹6 = 300 shares
      Investment = 300 × ₹60 = ₹18,000
    3. How much should be invested in ₹25 shares at ₹30 to earn ₹300 per year if the dividend is 10%?
      Solution:
      Dividend per share = 10% of ₹25 = ₹2.50
      Number of shares = ₹300 ÷ ₹2.50 = 120 shares
      Investment = 120 × ₹30 = ₹3,600
    4. If a 15% dividend is declared on ₹100 shares bought at ₹125, find the yield.
      Solution:
      Dividend = 15% of ₹100 = ₹15
      Yield = (₹15 ÷ ₹125) × 100 = 12%
    5. How much income will 90 shares of ₹20 give, if the dividend is 7.5%?
      Solution:
      Dividend per share = 7.5% of ₹20 = ₹1.50
      Income = 90 × ₹1.50 = ₹135
    6. Find the investment required to earn ₹960 as dividend from ₹40 shares quoted at ₹50 and paying a 12% dividend.
      Solution:
      Dividend per share = 12% of ₹40 = ₹4.80
      Number of shares = ₹960 ÷ ₹4.80 = 200 shares
      Investment = 200 × ₹50 = ₹10,000
    7. A person invests ₹6,400 in ₹80 shares quoted at ₹100. If the dividend is 16%, find the income and yield.
      Solution:
      Number of shares = ₹6,400 ÷ ₹100 = 64 shares
      Dividend per share = 16% of ₹80 = ₹12.80
      Income = 64 × ₹12.80 = ₹819.20
      Yield = (₹819.20 ÷ ₹6,400) × 100 = 12.8%
    8. A company declares a 20% dividend on ₹100 shares. A man buys 50 shares at ₹120 each. What is his yield?
      Solution:
      Dividend per share = 20% of ₹100 = ₹20
      Total income = 50 × ₹20 = ₹1,000
      Investment = 50 × ₹120 = ₹6,000
      Yield = (₹1,000 ÷ ₹6,000) × 100 = 16.67%
    9. Find the number of shares a man can buy for ₹4,200, if the market value of a ₹100 share is ₹105.
      Solution:
      Number of shares = ₹4,200 ÷ ₹105 = 40 shares
    10. A man wants an income of ₹1,000 per annum from ₹50 shares at ₹60 quoting a 10% dividend. How many shares must he buy?
      Solution:
      Dividend per share = 10% of ₹50 = ₹5
      Number of shares = ₹1,000 ÷ ₹5 = 200 shares
      1. Find the income from 150 shares of ₹40 each, if the dividend declared is 12%.
        Solution:
        Dividend per share = 12% of ₹40 = ₹4.80
        Income = 150 × ₹4.80 = ₹720
      2. How many ₹100 shares at ₹110 each should be bought to earn ₹1,320 as dividend if the dividend rate is 12%?
        Solution:
        Dividend per share = 12% of ₹100 = ₹12
        Number of shares = ₹1,320 ÷ ₹12 = 110 shares
        Investment = 110 × ₹110 = ₹12,100
      3. A man buys 500 shares of ₹20 each at ₹22. Find his income if dividend is 15%.
        Solution:
        Dividend per share = 15% of ₹20 = ₹3
        Income = 500 × ₹3 = ₹1,500
      4. Calculate the yield on ₹50 shares bought at ₹45 when the dividend declared is 14%.
        Solution:
        Dividend per share = 14% of ₹50 = ₹7
        Yield = (₹7 ÷ ₹45) × 100 = 15.56%
      5. A company declares 10% dividend on ₹100 shares. A man buys 200 shares at ₹120 each. Find his income and yield.
        Solution:
        Dividend per share = 10% of ₹100 = ₹10
        Income = 200 × ₹10 = ₹2,000
        Investment = 200 × ₹120 = ₹24,000
        Yield = (₹2,000 ÷ ₹24,000) × 100 = 8.33%
      6. Find the number of ₹25 shares that can be bought for ₹10,000 if they are quoted at ₹28.
        Solution:
        Number of shares = ₹10,000 ÷ ₹28 = 357 shares (approx.)
      7. Find the income on 75 shares of ₹80 each at a dividend rate of 16%.
        Solution:
        Dividend per share = 16% of ₹80 = ₹12.80
        Income = 75 × ₹12.80 = ₹960
      8. A man wants to earn ₹600 per annum from ₹100 shares at ₹110 quoting a dividend rate of 12%. How many shares must he buy?
        Solution:
        Dividend per share = 12% of ₹100 = ₹12
        Number of shares = ₹600 ÷ ₹12 = 50 shares
      9. Find the yield on shares of face value ₹20 bought at ₹22 if dividend is 10%.
        Solution:
        Dividend per share = 10% of ₹20 = ₹2
        Yield = (₹2 ÷ ₹22) × 100 = 9.09%
      10. A company declares 18% dividend on ₹50 shares. Find the income from 100 shares.
        Solution:
        Dividend per share = 18% of ₹50 = ₹9
        Income = 100 × ₹9 = ₹900

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