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By purchasing Rs 25 gas shares for Rs 40 each, a man gets 4 percent profit on his investment. What rate percent is the company paying? What is his dividend if he buys 60 shares?
By purchasing Rs 25 gas shares for Rs 40 each, a man gets 4 percent profit on his investment. What rate percent is the company paying? What is his dividend if he buys 60 shares?
Class 10 | Exercise 3B | ICSE | Maths | Selina | Shares and Dividend In Two Variables
By purchasing Rs 25 gas shares for Rs 40 each, a man gets 4 percent profit on his investment. What rate percent is the company paying? What is his dividend if he buys 60 shares?

Given,

Nominal worth of \[1\text{ }offer\text{ }=\text{ }Rs25\]

Market worth of \[1\text{ }offer\text{ }=\text{ }Rs40\]

Also, the profit% on speculation \[=\text{ }4percent\]

Then, at that point, benefit on \[1\text{ }offer\text{ }=\text{ }4percent\text{ }of\text{ }Rs\text{ }40\text{ }=\text{ }Rs\text{ }1.60\]

In this manner,

\[Profit\text{ }percent\text{ }=\text{ }1.60/25\text{ }x\text{ }100\text{ }=\text{ }6.4percent\]

Then,

In the event that the quantity of offers bought \[=\text{ }60\]

Then, at that point, the profit on \[60\text{ }shares\text{ }=\text{ }60\text{ }x\text{ }Rs\text{ }1.60\text{ }=\text{ }Rs\text{ }96\]

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