ICSE Class X Math 2015 Solved Paper

Rohit invested ₹9,600 on ₹ 100 shares at ₹ 20 premium paying 8% dividend. Rohit sold the shares when the price rose to ₹160. He invested the proceeds (excluding dividend) in 10%₹50 shares at ₹40. Find the :

Question : 36

Total: 52

original number of shares.

Solution:

Given : Investment =₹9,600 , N.V. =₹100 , M.V. = ₹ 120, Div. =8%
‌ No. of shares ‌‌=‌

‌ Sum investment ‌

‌ MV of 1 Share ‌

‌=‌

9,600

120

=80

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