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 : 37

Total: 52

sale proceeds.

Solution:

‌ Sale proceed ‌‌=80×160
‌=₹12,800
For 2nd type,
‌ N.V. ‌=₹50,‌ M.V. ‌=₹40,‌ Div. ‌=10%

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