## ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends MCQS

These Solutions are part of ML Aggarwal Class 10 Solutions for ICSE Maths. Here we have given ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends MCQS

**More Exercises**

- ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends EX 3
- ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends MCQS
- ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Chapter Test

**Question 1.**

**If Jagbeer invest ₹10320 on ₹100 shares at a discount of ₹ 14, then the number of shares he buys is**

**(a) 110**

**(b) 120**

**(c) 130**

**(d) 150**

**Solution:**

Investment = ₹ 10320

Face value of each share = ₹100

M.V. of each share = ₹100 – 14 = ₹86

No. of shares = \(\\ \frac { 10320 }{ 86 } \) = 120 (b)

**Question 2.**

**If Nisha invests ₹19200 on ₹50 shares at a premium of 20%, then the number of shares she buys is**

**(a) 640**

**(b) 384**

**(c) 320**

**(d) 160**

**Solution:**

Investment = ₹19200

Face value of each share = ₹50

M.V. = ₹50 x \(\\ \frac { 120 }{ 100 } \) = ₹60

Number of shares = \(\\ \frac { 19200 }{ 60 } \)

= 320 (c)

**Question 3.**

**₹40 shares of a company are selling at 25% premium. If Mr. Jacob wants to buy 280 shares of the company, then the investment required by him is**

**(a) ₹11200**

**(b) ₹14000**

**(c) ₹16800**

**(d) ₹8400**

**Solution:**

Face value of each share = ₹40

M.V. = 40 x \(\\ \frac { 125 }{ 100 } \)= ₹50

Number of shares = 280

Total investment = ₹280 x 50 = ₹ 14000 (d)

**Question 4.**

**Arun possesses 600 shares of ₹25 of a company. If the company announces a dividend of 8%, then Arun’s annual income is**

**(a) ₹48**

**(b) ₹480**

**(c) ₹600**

**(d) ₹1200**

**Solution:**

Number of shares = 600

F.V. of each share = ₹25

Rate of dividend = 8%

Annual income = 600 x 25 x \(\\ \frac { 8 }{ 100 } \)

= ₹1200 (d)

**Question 5.**

**A man invests ₹24000 on ₹60 shares at a discount of 20%. if the dividend declared by the company is 10%, then his annual income is**

**(a) ₹3000**

**(b) ₹2880**

**(c) ₹ 1500**

**(d) 1440**

**Solution:**

Investment = ₹24000

F.V. of each share = ₹60

M.V. at discount of 20% = 60 x \(\\ \frac { 80 }{ 100 } \)= ₹48

Rate of dividend = 10%

**Question 6.**

**Salman has some shares of ₹50 of a company paying 15% dividend. If his annual income is ₹3000, then the number of shares he possesses is**

**(a) 80**

**(b) 400**

**(c) 600**

**(d) 800**

**Solution:**

F.V. of each share = ₹50

Dividend = 15%

Annual income = ₹3000

Let x be the share, then

F.V. of shares = x × 50 = ₹50x

**Question 7.**

**₹25 shares of a company are selling at ₹20. If the company is paying a dividend of 12%, then the rate of return is**

**(a) 10%**

**(b) 12%**

**(c) 15%**

**(d) 18%**

**Solution:**

F.V. of each share = ₹25 ,

M.V. = ₹20

Rate of dividend = 12%

Dividend on each share = \(\\ \frac { 12 }{ 100 } \) x 25 = ₹3

Return on ₹20 = ₹3

and on ₹100 = ₹ \(\\ \frac { 3 }{ 20 } \) x \(\\ \frac { 5 }{ 100 } \) = 15% (c)

Hope given ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends MCQS are helpful to complete your math homework.

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