ICSE Class X Math 2016 Paper

Ashok invested ₹ 26,400 on $12 \%$ , ₹ 25 shares of a company. If he receives a dividend of $\text{₹}$ 2,475 , find the :

Question : 56 of 57

Marks: +1, -0

number of shares he bought.

Solution:

Let number of shares be

x

\text{ N.V. of } x \text{ shares } =25 x

\text{ Divident } =\; \frac{25 x \times 12}{100}=3 x

2475 = 3 x

x = 825

Hence number of shares

=825

Go to Question:

Prev Question

Next Question