Shares and Dividend MCQs RS Aggarwal Class 10 Goyal Brothers ICSE Maths Solutions

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 ICSE Maths Solutions

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

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

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

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

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

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

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

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

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

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

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

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%

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

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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