ICSE Class X Math 2013 Solved Paper

Salman buys 50 shares of face value ₹100 available at ₹ 132 .

Question : 23

Total: 46

If the dividend is 7.5% , what will be his annual income?

Solution:

‌ Rate of dividend ‌‌=7.5%
‌ Annual income ‌‌=₹‌

5,000×7.5

100

‌=₹375

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