Shares and Dividends — Important Questions
ICSE · Class 10 · Mathematics
36 important questions from Shares and Dividends for ICSE Class 10 Mathematics, with answers. Includes multiple choice and multiple correct questions.
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Important Questions from Shares and Dividends
A ₹100 share is quoted at ₹80. What type of share is this?
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Discount share
Since market value (₹80) < face value (₹100), this is a discount share trading below par.
Which of the following factors affect the annual dividend income of a shareholder?
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Number of shares owned, Face value of shares, Rate of dividend declared
Annual dividend = Number of shares × Rate of dividend × Face value. Market value and premium/discount don't affect dividend calculation.
If 500 shares of ₹10 each give an annual dividend of ₹600, what is the rate of dividend?
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12%
Total face value = 500 × ₹10 = ₹5000. Rate of dividend = (₹600 ÷ ₹5000) × 100 = 12%.
A person invests ₹12000 in ₹100 shares at ₹120 each paying 10% dividend. What is his annual income?
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₹1000
Number of shares = ₹12000 ÷ ₹120 = 100 shares. Annual income = 100 × 10% × ₹100 = ₹1000.
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