ICSE Class X Math 2013 Solved Paper

Salman buys 50 shares of face value $₹ 100$ available at ₹ 132 .

Question : 23 of 46

Marks: +1, -0

If the dividend is

7.5 \%

, what will be his annual income?

Solution:

\;\text " Rate of dividend "\;\;=7.5 \%

\;\text " Annual income "\;\;=₹ \;{5,000 × 7.5}/{100}

\;=₹ 375

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