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13. Pooja invested Rs $20,000$ and Rs $25,000$ in buying shares of ‘B T’ and ‘SI’ which later declared dividends of $10%$ and $12.5%$ respectively. After collecting the dividends Bhavana sells all her shares at a loss of $4%$ and $5%$ respectively on her investments. Find her total earnings.
13. Pooja invested Rs $20,000$ and Rs $25,000$ in buying shares of ‘B T’ and ‘SI’ which later declared dividends of $10%$ and $12.5%$ respectively. After collecting the dividends Bhavana sells all her shares at a loss of $4%$ and $5%$ respectively on her investments. Find her total earnings.
Class 10 | Frank | ICSE | Maths | Shares and Dividends
13. Pooja invested Rs $20,000$ and Rs $25,000$ in buying shares of ‘B T’ and ‘SI’ which later declared dividends of $10%$ and $12.5%$ respectively. After collecting the dividends Bhavana sells all her shares at a loss of $4%$ and $5%$ respectively on her investments. Find her total earnings.

Solution:-

From the question it is given that,

Pooja invested ₹ $20,000$ and ₹$25,000$ in buying of ‘BT’ and ‘SI’.

Then, ‘BT’ which declared dividend of $10%$ $=(10×20,000)/100=₹2,000$

‘S I ‘ which declared dividend of $12.5%=(12.5×25,000)/(10×100) =₹3,125$

So, money earned by selling shares of ‘BT’ $=(20,000–4%of₹20,000)$

$=₹20,000–800$

$=₹19,200$

Money earned by selling shares of ‘SI’$=(25,000–5%of₹25,000)$

$=₹25,000–1250$

$= ₹23,750$

Therefore, total money earned by selling shares $=₹19,200+₹23,750$

$= ₹42,950$

Then, total earning = money earned by selling shares + dividends earned

$=₹(42,950+5,125)$

$= ₹48,075$

Hence, Pooja’s earnings from the transaction $= ₹(48,075–45,000)$

$= ₹3,075$

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