• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • RS Aggarwal Solutions
    • RS Aggarwal Class 10 Solutions
    • RS Aggarwal Class 9 Solutions
    • RS Aggarwal Solutions Class 8
    • RS Aggarwal Solutions Class 7
    • RS Aggarwal Solutions Class 6
  • ICSE Solutions
    • ICSE Solutions for Class 10
    • ICSE Solutions for Class 9
    • ICSE Solutions for Class 8
    • ICSE Solutions for Class 7
    • ICSE Solutions for Class 6
  • Selina Solutions
  • ML Aggarwal Solutions
  • ISC & ICSE Papers
    • ICSE Previous Year Question Papers Class 10
    • ISC Previous Year Question Papers
    • ICSE Specimen Papers 2020 for Class 10
    • ICSE Specimen Papers 2020 for Class 9
    • ISC Specimen Papers 2020 for Class 12
    • ISC Specimen Papers 2020 for Class 11
    • ICSE Time Table 2020 Class 10
    • ISC Time Table 2020 Class 12
  • Maths

A Plus Topper

Improve your Grades

  • CBSE Sample Papers
  • HSSLive
    • HSSLive Plus Two
    • HSSLive Plus One
    • Kerala SSLC
  • Exams
  • NCERT Solutions for Class 10 Maths
  • NIOS
  • Chemistry
  • Physics
  • ICSE Books

ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 4 Shares and Dividends Chapter Test

October 8, 2018 by Nirmala

ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 4 Shares and Dividends Chapter Test

These Solutions are part of ML Aggarwal Class 10 Solutions for ICSE Maths. Here we have given ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 4 Shares and Dividends Chapter Test.

ML Aggarwal SolutionsICSE SolutionsSelina ICSE Solutions

Question 1.
If a man received ₹1080 as dividend from 9% ₹20 shares, find the number of shares purchased by him.
Solution:
Income on one share = \(\\ \frac { 9 }{ 100 } \) x 20
= Rs \(\\ \frac { 9 }{ 5 } \)
.’. No. of shares = 1080 x \(\\ \frac { 5 }{ 9 } \)
= 120 x 5 = 600 Ans.

Question 2.
Find the percentage interest on capital invested in 18% shares when a Rs 10 share costs Rs 12.
Solution:
Dividend on one share = 18% of Rs 10
= \(\\ \frac { 18\times 10 }{ 100 } \)
= Rs \(\\ \frac { 9 }{ 5 } \)
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 4 Shares and Dividends Chapter Test Q2.1

Question 3.
Rohit Kulkami invests Rs 10000 in 10% Rs 100 shares of a company. If his annual dividend is Rs 800, find :
(i) The market value of each share.
(ii) The rate percent which he earns on his investment.
Solution:
Investment = Rs 10000
Face value of each share = Rs 100
Rate of dividend = 10%
Annual dividend = Rs 800
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 4 Shares and Dividends Chapter Test Q3.1

Question 4.
At what price should a 9% Rs 100 share be quoted when the money is worth 6% ?
Solution:
If interest is 6 then investment = Rs 100
and if interest is 9, then investment
= Rs \(\\ \frac { 100\times 9 }{ 6 } \)
= Rs 150
Market value of each share = Rs 150 Ans

Question 5.
By selling at Rs 92, some 2.5% Rs 100 shares and investing the proceeds in 5% Rs 100 shares at Rs 115, a person increased his annual income by Rs 90. Find:
(i) the number of shares sold.
(ii) the number of shares purchased.
(iii) the new income.
(iv) the rate percent which he earns on his investment.
Solution:
Rate of dividend = 2.5% and market price = Rs 92
Let number of shares purchased = x.
Selling price of x shares = 92 x
Income from investing
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 4 Shares and Dividends Chapter Test Q5.1
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 4 Shares and Dividends Chapter Test Q5.2

Question 6.
A man has some shares of Rs. 100 par value paying 6% dividend. He sells half of these at a discount of 10% and invests the proceeds in 7% Rs. 50 shares at a premium of Rs. 10. This transaction decreases his income from dividends by Rs. 120. Calculate:
(i) the number of shares before the transaction.
(ii) the number of shares he sold.
(iii) his initial annual income from shares.
Solution:
Let no. of shares = x
Value of x shares = x × 100 = 100 x
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 4 Shares and Dividends Chapter Test Q6.1
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 4 Shares and Dividends Chapter Test Q6.2

Question 7.
Divide Rs. 101520 into two parts such that if one part is invested in 8% Rs. 100 shares at 8% discount and the other in 9% Rs. 50 shares at 8% premium, the annual incomes are equal.
Solution:
Total investment = Rs. 101520
Let investment in first part = x
and in second part = (101520 – x)
Market value of first kind of shares = Rs. 100 – Rs. 8
= Rs. 92
and rate of dividend = 8%
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 4 Shares and Dividends Chapter Test Q7.1

Question 8.
A man buys Rs. 40 shares of a company which pays 10% dividend. He buys the shares at such a price that his profit is 16% on his investment. At what price did he buy each share ?
Solution:
Face value of each share = Rs. 40
Dividend = 10%
Gain on investment = 10%
ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 4 Shares and Dividends Chapter Test Q8.1

Hope given ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 4 Shares and Dividends Chapter Test are helpful to complete your math homework.

If you have any doubts, please comment below. APlusTopper try to provide online math tutoring for you.

Filed Under: ML Aggarwal ICSE

Primary Sidebar

  • RS Aggarwal Solutions
  • RS Aggarwal Solutions Class 10
  • RS Aggarwal Solutions Class 9
  • RS Aggarwal Solutions Class 8
  • RS Aggarwal Solutions Class 7
  • RS Aggarwal Solutions Class 6
  • ICSE Solutions
  • Selina ICSE Solutions
  • Concise Mathematics Class 10 ICSE Solutions
  • Concise Physics Class 10 ICSE Solutions
  • Concise Chemistry Class 10 ICSE Solutions
  • Concise Biology Class 10 ICSE Solutions
  • Concise Mathematics Class 9 ICSE Solutions
  • Concise Physics Class 9 ICSE Solutions
  • Concise Chemistry Class 9 ICSE Solutions
  • Concise Biology Class 9 ICSE Solutions
  • ML Aggarwal Solutions
  • ML Aggarwal Class 10 Solutions
  • ML Aggarwal Class 9 Solutions
  • ML Aggarwal Class 8 Solutions
  • ML Aggarwal Class 7 Solutions
  • ML Aggarwal Class 6 Solutions
  • HSSLive Plus One
  • HSSLive Plus Two
  • Kerala SSLC

Recent Posts

  • Music And Its Importance Essay | Essay on Music and Its Importance for Students and Children in English
  • WB Cast Certificate | How To Apply?, Documents Required, Application Status and Details
  • Construction Management Certificate | Courses, Format, Benefits and How to Get?
  • Complaint Letters for Rude Behavior | Format, Samples, Examples and How To Write?
  • Letter Social Event Samples | Format, Examples and How To Write?
  • Letter of Transmittal Samples | Format, Examples and How To Write Transmittal Letter?
  • Teacher Welcome Back Letters | Format, Examples and How To Write Teacher Welcome Back Letters?
  • 6 Approval Letter Samples | Format, Sample and How To Write?
  • 7 Application Letter Samples | Format, Examples and How To Write?
  • 8 Refusal Letter Samples | Format, Samples. Examples and How To Write?
  • Conversation between two friends who met at a Restaurant, on Job Change, Making Get Together Plans

Footer

  • RS Aggarwal Solutions
  • RS Aggarwal Solutions Class 10
  • RS Aggarwal Solutions Class 9
  • RS Aggarwal Solutions Class 8
  • RS Aggarwal Solutions Class 7
  • RS Aggarwal Solutions Class 6
  • English Speech
  • ICSE Solutions
  • Selina ICSE Solutions
  • ML Aggarwal Solutions
  • HSSLive Plus One
  • HSSLive Plus Two
  • Kerala SSLC
  • Distance Education
Disclaimer Privacy Policy
Area Volume Calculator Biology Homework Help
Homework Help History Questions and Answers