Selina Concise Mathematics Class 10 ICSE Solutions Shares and Dividends Selina Publishers Concise Mathematics Class 10 ICSE Solutions Chapter 3 Shares and Dividends Shares and Dividends Exercise 3A – Selina Concise Mathematics Class 10 ICSE Solutions Question 1. How much money will be required to buy 400, ₹ 12.50 shares at a premium of ₹ 1? Solution: Question 2. How much money will be required to buy 250, ₹ 15 shares at a discount of ₹ 1.50? Solution: Question 3. A person buys 120 shares at a nominal value of ₹ 40 each, which he sells at ₹ 42.50 each. Find his profit and profit percent. Solution: Nominal value of 120 shares = ₹ 40 × 120= ₹ 4,800 Market value of 120 shares = ₹ 42.50 × 120= ₹ 5,100 His profit = ₹ 5,100 – ₹ 4,800 = ₹ 300 profit = × 100% = 6.25% Question 4. Find the cost of 85 shares of ₹ 60 each when quoted at ₹ 63.25. Solution: Market value of 1 share = ₹ 63.25 Market value of 85 shares = ₹...
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