Shares and Dividends Exe-3A Concise Class-10 ICSE Mathematics Selina Solution Ch-3. We Provide Step by Step Solutions / Answer of questions of Selina Concise Maths . Visit official Website CISCE for detail information about ICSE Board Class-10 Mathematics.
Shares and Dividends Exe-3A Concise Class-10 ICSE Mathematics Selina Solution Ch-3
| Board | ICSE |
| Publications | Selina |
| Subject | Maths |
| Class | 10th |
| Chapter-3 | Shares and Dividends |
| Writer | R.K. Bansal |
| Exe-3A | Solved Questions on Shares and Dividends |
| Edition | 2025-2026 |
Exe-3A Shares and Dividends
Concise Class-10 ICSE Mathematics Selina Solution Ch-3
Que-1: How much money will be required to buy 400, Rs.12.50 shares at a premium of Rs.1?
Ans: Number of shares to be bought = 400
Rs. 12.50 shares at a premium of Re. 1 means;
nominal value of the share is Rs. 12.50 and
its market value = Rs. 12.50+ Re. 1 = Rs. 13.50
∴ Money required to buy 1 share – Rs. 13.50
=> Money required to buy 400 shares = 400 x Rs. 13.50 Rs. 5400
Que-2: How much money will be required to buy 250, Rs.15 shares at a discount of Rs.1.50?
Ans: Number of shares to be bought = 250
Rs. 15 shares at a discount of Rs. 1.50 means; nominal value of the share is Rs. 15 and
its market value = Rs. 15- Rs. 1.50 = Rs. 13.50
∴ Money required to buy 1 share = Rs. 13.50
=> Money required to buy 250 shares = 250x Rs. 13.50 = Rs. 3375
Que-3: A person buys 120 shares at a nominal value of Rs40 each, which he sells at Rs42.50 each. Find his profit and profit percent.
Ans:
Nominal value of 120 shares= Rs40 120= Rs4,800
Market value of 120 shares= Rs42.50 120= Rs5,100
His profit = Rs5,100 – Rs4,800= Rs 300 Ans.
Que-4: Find the cost of 85 shares of Rs60 each when quoted at Rs63.25.
Ans: Market value of 1 share= Rs63.25
Market value of 85 shares= Rs63.25 85= Rs5,376.25 Ans.
Que-5: A man invests Rs800 in buying Rs5 shares and when they are selling at a premium of Rs1.15, he sells all the shares. Find his profit and profit percent.
Ans- Nominal value of 1 share= Rs5
Market value 1 share= Rs5 + Rs1.15= Rs6.15
Total money invested= Rs800
no. of share purchased = 800/5 = 160
Market value of 160 shares= 160 x 6.15= Rs984
His profit = Rs984 – Rs800= Rs184
Que-6: Find the annual income derived from 125, Rs.120 shares paying 5% dividend.
Ans: Nominal value of 1 share = Rs. 120
=> Nominal value of 125 shares 125 x Rs. 120 = Rs. 15000
Now, Dividend = 5% of Rs. 15000 = 5/100 x 15000 Rs. 750
Que-7: A man invests Rs3,072 in a company paying 5% per annum, when its Rs10 share can be bought for Rs16 each. Find : (i)his annual income (ii)his percentage income on his investment.
Ans: Market value of 1 share= Rs16
Nominal value of 1share= Rs10
Money invested= Rs3,072
no. of share purchased = 3072/16 = 192
Nominal value of 192 shares= 10 x 192= Rs1,920
Que-8: A man invests Rs7,770 in a company paying 5% dividend when a share of nominal value of Rs100 sells at a premium of Rs5. Find: (i)the number of shares bought; (ii)annual income; (iii)percentage income.
Ans: Total money invested= Rs7,770
Nominal value of 1 share= Rs100
Market value of 1 share= Rs100+ Rs5= Rs105
no. of share purchased = 7770/105 = 74
Nominal value of 74 shares= 74 x 100= Rs7,400
Annual income = 5/100 x 7400 = 370
Income % = 370/7770 x 100 = 4.76 %
Que-9: A man buys Rs50 shares of a company, paying 12% dividend, at a premium of Rs10. Find: (i)the market value of 320 shares; (ii)his annual income; (iii)his profit percent.
Ans: Nominal value of 1 share= Rs50
Market value of 1 share= Rs50+ Rs10= Rs60
and Market value of 320 shares= 320 x 60 = Rs19,200
Nominal value of 320 shares= 320 x 50= Rs16,000
Annual income = 12/100 x 16000 = 1920
Profit % = 1920/19200 x 100 % = 10 %
Que-10: A man buys Rs75 shares at a discount of Rs15 of a company paying 20% dividend. Find:(i)the market value of 120 shares; (ii)his annual income; (iii)his profit percent.
Ans: Nominal value of 1 share= Rs75
Market value of 1 share= Rs75 – Rs15= Rs60
Market value of 120 shares= 120 x 60= Rs7,200
Nominal value of 120 shares= 120 x 75= Rs9,000
Annual income = 20/100 x 9000 = 1800
Profit % = 1800/7200 x 100 % = 25 %
Que-11: A man has 300, Rs50 shares of a company paying 20% dividend. Find his net income after paying 3% income tax.
Ans: Nominal value of 1 share= Rs50
Nominal value of 300 shares= 300 x 50 = Rs15,000
Dividend = 20/100 x 15000 = 3000
Income tax paid = 3/100 x 3000 = 90
His net income= Rs3,000 – Rs90= Rs2,910 Ans.
Que-12: A company pays a dividend of 15% on its ten-rupee shares from which it deducts income tax at the rate of 22%. Find the annual income of a man who owns one thousand shares of this company.
Ans: Nominal value of 1 share= Rs10
Nominal value of 1000 shares= 1000 x 10 = Rs10,000
Dividend = 15/100 x 10000= 1500
Income tax paid = 22/100 x 1500 = 330
His net income= Rs1,500 – Rs330= Rs1,170 Ans.
Que-13: A man invests Rs8,800 in buying shares of a company of face value of rupees hundred each at a premium of 10%. If he earns Rs1,200 at the end of the year as dividend, find: (i)the number of shares he has in the company. (ii)the dividend percent per share.
Ans: Total investment= Rs8,800
Nominal value of 1 share= Rs100
Market value of 1 share= Rs110
Dividend = 15/100 x 10000= 1500
Income tax paid = 22/100 x 1500 = 330
Nominal value of 80 shares= 80 x 100= Rs8,000
Que-14: A man invests Rs1,680 in buying shares of nominal value Rs24 and selling at 12% premium. The dividend on the shares is 15% per annum. Calculate: (i)the number of shares he buys; (ii)the dividend he receives annually.
Ans: Nominal value of 1 share= Rs24
Market value of 1 share= Rs24+ 12% of Rs24
= Rs24+ Rs2.88= Rs26.88
Total investment= Rs1,680
No. of share purchased = 1680/26.88 = 62.5
Nominal value of 62.5 shares= 62.5 x 24= Rs1,500
Que-15: By investing Rs7,500 in a company paying 10percent dividend, an annual income of Rs500 is received. What price is paid for each of Rs100 share ?
Ans: Total investment= Rs7,500
Nominal value of 1 share= Rs100
No. of shares purchased= y
Nominal value of y shares= 100 x y= Rs(100y)
Dividend%= 10%
Dividend = Rs 500
10/100 x 100y = 500
y = 50 shares
Market value of 1 share = 7500/50 = Rs 150
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