Same chapter4 marksDifficulty: Hard
A man buys 1,000 shares of nominal value ₹10 at a discount of 20% and the company pays a dividend of 6%. Find his percentage return.
Shares and Dividends
4 marksDifficulty: Hard
A man invests ₹9,000 in ₹100 shares at ₹90 and, after receiving one dividend of 12%, sells them all at ₹110. Find (i) the dividend received and (ii) the profit made on the sale.
Original Khojo Papers practice question — not from a past board paper.
Answer
(i) ₹1,200 (ii) ₹2,000
No citable source has been recorded for this record. Treat it as practice material, not as fact.
Explanation
He buys 9,000 ÷ 90 = 100 shares, so the dividend is 100 × 12 = ₹1,200. He sells for 100 × 110 = ₹11,000, so the profit on the sale is 11,000 − 9,000 = ₹2,000.
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