ICSE Class X Math 2015 Solved Paper

Rohit invested $\₹ 9,600$ on ₹ 100 shares at ₹ 20 premium paying $8 \%$ dividend. Rohit sold the shares when the price rose to $₹ 160$ . He invested the proceeds (excluding dividend) in $10 \% \₹ 50$ shares at $₹ 40$ . Find the :

Question : 39 of 52

Marks: +1, -0

change in the two dividends.

Solution:

{\Div}_1\;=\;{8}/{100} × 100 × 80

\;=₹ 640

{\Div}_2 =\;{10}/{100} × 50 × 320

=₹ 1,600

Change in two div.

=₹ 1,600-₹ 640

=

₹

960 . \;\;

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