Class 10 SELINA Solutions Maths Chapter 3 - Shares and Dividends
Shares and Dividends Exercise Ex. 3(A)
Solution 1
Solution 2
Solution 3
Nominal value of 120 shares = Rs 40 120= Rs 4,800
Market value of 120 shares= Rs 42.50 120= Rs 5,100
His profit = Rs 5,100 - Rs 4,800= Rs 300 Ans.
Solution 4
Market value of 1 share= Rs 63.25
Market value of 85 shares= Rs 63.25 85= Rs 5,376.25 Ans.
Solution 5
Nominal value of 1 share = Rs 5
Market value 1 share = Rs 5 + Rs 1.15 = Rs 6.15
Total money invested = Rs 800
Market value of 160 shares= 160 x 6.15= Rs 984
His profit = Rs 984 - Rs 800= Rs 184 Ans.
Solution 6
Solution 7
Market value of 1 share= Rs 16
Nominal value of 1 share= Rs 10
Money invested= Rs 3,072
Nominal value of 192 shares= 10 x 192= Rs 1,920
Solution 8
Total money invested= Rs 7,770
Nominal value of 1 share= Rs 100
Market value of 1 share= Rs 100 + Rs 5= Rs 105
Nominal value of 74 shares= 74 x 100= Rs 7,400
Solution 9
Nominal value of 1 share= Rs 50
Market value of 1 share= Rs 50 + Rs 10= Rs 60
Market value of 320 shares= 320 x 60 = Rs 19,200
Nominal value of 320 shares= 320 x 50= Rs 16,000
Solution 10
Nominal value of 1 share= Rs 75
Market value of 1 share= Rs 75 - Rs 15= Rs 60
Market value of 120 shares= 120 x 60= Rs 7,200
Nominal value of 120 shares= 120 x 75= Rs 9,000
Solution 11
Nominal value of 1 share= Rs 50
Nominal value of 300 shares= 300 x 50 = Rs 15,000
His net income= Rs 3,000 - Rs 90= Rs 2,910 Ans.
Solution 12
Nominal value of 1 share= Rs 10
Nominal value of 1000 shares= 1000 x 10 = Rs 10,000
His net income= Rs 1,500 - Rs 330= Rs 1,170 Ans.
Solution 13
Total investment= Rs 8,800
Nominal value of 1 share= Rs 100
Market value of 1 share= Rs 110
Nominal value of 80 shares= 80 x 100= Rs 8,000
Let dividend%= y%
Solution 14
Nominal value of 1 share= Rs 24
Market value of 1 share= Rs 24+ 12% of Rs 24
= Rs 24+ Rs 2.88= Rs 26.88
Total investment= Rs 1,680
Nominal value of 62.5 shares= 62.5 x 24= Rs 1,500
Solution 15
Total investment= Rs 7,500
Nominal value of 1 share= Rs 100
No. of shares purchased= y
Nominal value of y shares= 100 x y= Rs(100y)
Dividend%= 10%
Dividend = Rs 500
Ans.
Shares and Dividends Exercise Ex. 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
Dividend received by B= Dividend received by A
= 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.
Shares and Dividends Exercise Ex. 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
Solution 20
Face value of each share = Rs. 50
Dividend(%)=10%
Dividend on 1 share =
∴Number of shares bought =