Test Index

ICSE Class X Math 2015 Paper

Show Para  Hide Para 
Rohit invested ₹ 9,600\text{₹ 9,600} on ₹ 100 shares at ₹ 20 premium paying 8%8\% dividend. Rohit sold the shares when the price rose to ₹ 160\text{₹ 160}. He invested the proceeds (excluding dividend) in 10%₹ 5010\% \text{₹ 50} shares at ₹ 40\text{₹ 40}. Find the :
© examsnet.com
Question : 39 of 52
Marks: +1, -0
change in the two dividends.
Solution:  
Div1  =  8100×100×80\text{Div}_1\;=\;\frac{8}{100} \times 100 \times 80
  =₹ 640\;= \text{₹}\,640
Div2=  10100×50×320\text{Div}_2 =\;\frac{10}{100} \times 50 \times 320
=₹ 1,600= \text{₹}\,1,600
Change in two div. =₹ 1,600−₹ 640= \text{₹}\,1,600 - \text{₹}\,640
== ₹ 960.    960 . \;\;
© examsnet.com
Go to Question:
Prev Question
Next Question