Question

A man invests * 10,000 in some shares in the ratio 2 : 3:5 which pay dividends of 10%, 25% and 20% respectively on his investment for that year. Find his dividend income.
(1) * 1900
(2) 2000
(3) * 2050
(4) 1950

Answer 1

According to the given question the man invest rupees 10000 in some shares in the ratio 2:3:5.

That means the share amount will be 2000, 3000 and 5000 respectively.

It is also said that the dividend are 10%, 25% and 20% respectively on the investment.

Therefore the dividend amount will be 200, 750 and 1000. [10% of 2000, 25% of 3000 and 20% of 5000]

There for his total dividend income will be the sum of the three dividends that is 200 + 750 + 1000 which is equal to Rs 1950. [Ans]