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 : 39

Total: 52

change in the two dividends.

Solution:

Div1‌=‌

100

×100×80
‌=₹640
Div2=‌

100

×50×320
=₹1,600
Change in two div. =₹1,600−₹640
= ₹ 960.‌‌

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