Question

Dipali invested in shares of BIRLA industries of face value Rs 100. She received Rs. 1,425 as total dividend at 9.5 %. Find the number of shares she bought. ​

Answer 1

Answer:

The number of shares she bought is 150.

Explanation:

Face Value = Rs 100

Total dividend = Rs. 1,425

Rate of dividend = 9.5 %

The number of shares = $\boxed{\sf{\dfrac{Total \: Dividend}{Dividend \: on \: 1 \: Share}}}$

Dividend on 1 Share = 9.5 % of F.V.$\sf{\longrightarrow{100 \times \dfrac{9.5}{100}}}$

$\sf{\longrightarrow{9.5}}$

Dividend on 1 Share = 9.5

The number of shares = $\sf{\longrightarrow{\dfrac{Total \: Dividend}{Dividend \: on \: 1 \: Share}}}$

$\sf{\longrightarrow{\dfrac{1425}{9.5}}}$

$\sf{\longrightarrow{150}}$

∴ The number of shares she bought is 150.

Answer 2

Explanation:

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