Shares and Dividend MCQs RS Aggarwal Class 10 Goyal Brothers ICSE Maths Solutions Ch-3. Step by step solutions of MCQs questions as latest prescribe guideline for upcoming exam. Visit official Website CISCE for detail information about ICSE Board Class-10.

## Shares and Dividend MCQs RS Aggarwal Class 10 Goyal Brothers Prakashan ICSE Foundation Maths Solutions Ch-3

Board | ICSE |

Publications | Goyal Brothers Prakashan |

Subject | Maths |

Class | 10th |

Chapter-3 | Shares and Dividend |

Writer | RS Aggarwal |

Book Name | Foundation |

Topics | Solution of MCQs |

Edition | 2024-2025 |

**Page- 32,33**

**Multiple Choice Questions :**

Shares and Dividend MCQs RS Aggarwal Class 10 Goyal Brothers Prakashan ICSE Foundation Maths Solutions Ch-3.

**Que-1: The total amount of money needed to run a company is called : (a) Shares (b) Capitals (c) Dividend (d) Principal**

**Solution- **(b) Capitals

**Que-2: The whole capital is divided into small units, called : (a) Shares (b) Shares holder (c) Face value (d) Dividend**

**Solution- **(a) Shares

**Que-3: The annual profit distributed among shares holder is called : (a) Nominal value (b) Market value (c) Dividend (d) Face value**

**Solution- **(c) Dividend

**Que-4: The value of a share printed on the share certificate is called its :****(a) Nominal value (b) Market value (c) Dividend (d) Below par**

**Solution- **(a) Nominal value

**Que-5: The shares of different companies can be bought or sold in the market through stock-exchange. The price at which the share is sold or purchased is called its : (a) Face value (b) Market value (c) Par value (d) Nominal value**

**Solution- **(b) Market value

**Que-6: A share is said yo be at … … …. if its market value is the same as its face value**

(a) Premium (b) Discount (c) Par (d) Nominal value

(a) Premium (b) Discount (c) Par (d) Nominal value

**Solution- **(c) Par

**Que-7: A share is said to be at premium. If market value is .. … … than its face value**

(a) More (b) Less (c) Same (d) Equal

(a) More (b) Less (c) Same (d) Equal

**Solution- **(a) More

**Que-8: A share is said to be … … .. If its market value is less than its face value.**

(a) A t par (b) Above par (c) Below par (d) Premium

(a) A t par (b) Above par (c) Below par (d) Premium

**Solution- **(c) Below par

**Que-9: The face value of a share : (a) Changes every year (b) Change from time to time (c) Always remains the same (d) None of these**

**Solution- **(c) Always remains the same

**Que-10: Dividend is always paid on the ________ of a share. (a) At par (b) Above par (c) Below par (d) Premium**

**Solution- **(b) Above par

**Que-11: The market value of a share : (a) Never changes (b) Changes from time to time (c) Changes every months (d) None of these**

**Solution- **(b) Changes from time to time

**Que-12: Number of shares held by a person = ****(a) Total nominal value/Face value of 1 share (b) ****Total market value/Face value of 1 share (c) ****Dividend/Market value of 1 share (d) (Dividend/Investment) x 100**

**Solution- **(a) Total nominal value/Face value of 1 share

**Que-13: Dividend = (a) Number of shares x N.V (b) Number of shares x M.V**

(c) Face value x Number of shares x Rate of dividend/100 (d) None of these

(c) Face value x Number of shares x Rate of dividend/100 (d) None of these

**Solution- **(c) [Face value x Number of shares x Rate of dividend]/100

**Que-14: Rate of return on Investment = (a) Investment/Dividend (b) Dividend/Investment (c) Dividend/Investment x 100 (d) Investment/Dividend x 100**

**Solution- **(c) Dividend/Investment x 100

**Que-15: Investment / Sale proceeds = (a) Number of shares x M.V (b) Number of shares x N.V (c) Face value x no. of shares x Rate of dividend (d) Dividend/Investment**

**Solution- **(a) Number of shares x M.V

**Que-16: Annual Income = (a) Number of shares x Face Value (b) Number of shares x rate of dividend x Face value of 1 share (c) Number of shares x Market Value x Face value (d) MV x NV x 100**

**Solution- **(b) Number of shares x rate of dividend x Face value of 1 share

**Que-17: If a share of Rs100 is selling at Rs125, then it is said to be selling at a … of Rs35.**

(a) Discount (b) Premium (c) At par (d) Below par

(a) Discount (b) Premium (c) At par (d) Below par

**Solution- **(b) Premium

**Que-18: If a share of Rs125 is selling at Rs96, then it is said to be selling at Rs12 :**

(a) Below par (b) At par (c) Above par (d) Premium

(a) Below par (b) At par (c) Above par (d) Premium

**Solution- **(a) Below par

**Que-19: If Kabir invests Rs10320 on Rs100 shares at a discount of Rs14, then the number of shares he buy is :**

(a) 110 (b) 120 (c) 150 (d) 100

(a) 110 (b) 120 (c) 150 (d) 100

**Solution- **(b) 120

**Reason: **Here, we have the amount as ₹10320

and FV of share = ₹100 at ₹14 discount

=> MV of given shares = ₹(100 – 14) = ₹86

=> Number of shares = Invested amount / MV of 1 share

= ₹10320 / ₹86 = 120 shares.

**Que-20: Shahrukh has some shares of Rs50 of a company paying 15% dividend. If his annual income is Rs3000, then the number of shares he possesses is :**

(a) 400 (b) 600 (c) 800 (d) 200

(a) 400 (b) 600 (c) 800 (d) 200

**Solution- **(a) 400

**Reason: **F.V. of each share = ₹ 50

Dividend = 15%

Annual income = ₹ 3000

Let x be the share, then

F.V. of shares = x × 50 = ₹ 50x

Dividend = [50𝑥+15]/100 = 30

= 15x/2 = 3000

⇒ x = 3000×(2/15)

⇒ x = 400

∴ Number of shares = 400.

**Que-21: If Kiran invests Rs19200 on Rs50 shares at a premium of 20%, then the number of shares she buys is :**

(a) 640 (b) 160 (c) 320 (d) 240

(a) 640 (b) 160 (c) 320 (d) 240

**Solution- **(c) 320

**Reason: **Investment = ₹ 19200

Face value of each share = ₹ 50

M.V. = ₹ (50×120)/100 = ₹ 60

Number of shares = 19200/60

= 320.

**Que-22: Varun possesses 600 shares of Rs25 of a company. If a company announces a divided of 8%, then his annual income is :**

(a) Rs600 (b) Rs1200 (c) Rs480 (d) Rs120

(a) Rs600 (b) Rs1200 (c) Rs480 (d) Rs120

**Solution- **(b) Rs1200

**Reason: **Number of shares = 600

F.V. of each share = ₹ 25

Rate of dividend = 8%

Annual income = 600 x 25 x (8/100)

= ₹ 1200.

**Que-23: A man invests Rs24000 on Rs60 shares at a discount of 20%. If the dividend declared by the company is 10%, then his annual income is :**

(a) Rs2880 (b) Rs1500 (c) Rs3000 (d) None of these

(a) Rs2880 (b) Rs1500 (c) Rs3000 (d) None of these

**Solution- **(c) Rs3000

**Reason: ** Investment = ₹ 24000

F.V. of each share = ₹ 60

M.V. at discount of 20% = 60×(80/100) = ₹ 48

Rate of dividend = 10%

∴ Face value of all the share = (500×60)/48

= ₹ 30000

Annual dividend = ₹ (30000×10)/100

= ₹ 3000.

**Que-24: Rs25 shares of a company are selling at Rs20. If the company is paying a dividend of 12%, then the rate of return is :**

(a) 10% (b) 18% (c) 15% (d) 12%

(a) 10% (b) 18% (c) 15% (d) 12%

**Solution- **(c) 15%

**Reason: **F.V. of each share = ₹ 25,

M.V. = ₹ 20

Rate of dividend = 12%

Dividend on each share = (12/100)×25 = ₹ 3

Return on ₹ 20 = ₹ 3

and on ₹ 100 = ₹ (3/20)×(5/100) = 15%.

**Que-25: Rs40 shares of a company are selling at 25% premium. If Mr. Wasim wants to buy 280 shares of the company, then the investment required by him is :**

(a) Rs14000 (b) Rs16800 (c) Rs8400 (d) Rs10000

(a) Rs14000 (b) Rs16800 (c) Rs8400 (d) Rs10000

**Solution- **(a) Rs14000

**Reason: **Face value of each share = ₹ 40

M.V. = 40×(125/100) = ₹ 50

Number of shares = 280

Total investment = ₹ 280 x 50 = ₹ 14000.

— : End of Shares and Dividend MCQs RS Aggarwal Class 10 Goyal Brothers ICSE Maths Solutions : —

Return to :– ** RS Aggarwal ICSE Class 10 Solutions Goyal Brothers**

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