ML Aggarwal Solution Class 10 Chapter 3 Shares and Dividends MCQs
MCQs
Question 1
If Jagbeer invest ₹10320 on ₹100 shares at a discount of ₹ 14, then the number of shares he buys is
(a) 110
(b) 120
(c) 130
(d) 150
Sol :
Investment = ₹ 10320
Face value of each share = ₹100
M.V. of each share = ₹100 – 14 = ₹86
No. of shares $=\frac{10320}{86}=120$
Ans : (b)
Question 2
If Nisha invests ₹19200 on ₹50 shares at a premium of 20%, then the number of shares she buys is
(a) 640
(b) 384
(c) 320
(d) 160
Sol :
Investment = ₹19200
Face value of each share = ₹50
Number of shares $=\frac{19200}{60}$
=320
Ans (c)
Question 3
₹40 shares of a company are selling at 25% premium. If Mr. Jacob wants to buy 280 shares of the company, then the investment required by him is
(a) ₹11200
(b) ₹14000
(c) ₹16800
(d) ₹8400
Sol :
Face value of each share = ₹40
Number of shares = 280
Total investment = ₹280×50 = ₹ 14000
Ans : (d)
Question 4
Arun possesses 600 shares of ₹25 of a company. If the company announces a dividend of 8%, then Arun’s annual income is
(a) ₹48
(b) ₹480
(c) ₹600
(d) ₹1200
Sol :
Number of shares = 600
F.V. of each share = ₹25
Rate of dividend = 8%
=1200
Ans : (d)
Question 5
A man invests ₹24000 on ₹60 shares at a discount of 20%. if the dividend declared by the company is 10%, then his annual income is
(a) ₹3000
(b) ₹2880
(c) ₹ 1500
(d) 1440
Sol :
Investment = ₹24000
F.V. of each share = ₹60
Rate of dividend = 10%
=₹30000
Annual dividend $=₹ \frac{30000 \times 10}{100}$
=₹ 3000
Ans (a)
Question 6
Salman has some shares of ₹50 of a company paying 15% dividend. If his annual income is ₹3000, then the number of shares he possesses is
(a) 80
(b) 400
(c) 600
(d) 800
Sol :
F.V. of each share = ₹50
Dividend = 15%
Annual income = ₹3000
Let x be the share, then
F.V. of shares = x × 50 = ₹50x
Dividend $=\frac{50 x+15}{100}=30$
$=\frac{15}{2} x=3000$
$x=\frac{3000 \times 2}{15}$
⇒x=400
∴Number of shares=400
Ans (b)
Question 7
₹25 shares of a company are selling at ₹20. If the company is paying a dividend of 12%, then the rate of return is
(a) 10%
(b) 12%
(c) 15%
(d) 18%
Sol :
F.V. of each share = ₹25 ,
M.V. = ₹20
Rate of dividend = 12%
Return on ₹20 = ₹3
Comments
Post a Comment