1. Tardigrade
  2. Question
  3. Mathematics
  4. The dividend received from 10 % ₹ 125 shares at ₹ 150 , is ₹ 1875. Find the number of shares.

Question Error Report

Thank you for reporting, we will resolve it shortly

Back to Question

Q. The dividend received from $10 \% ₹ 125$ shares at ₹ 150 , is $₹ 1875$. Find the number of shares.

Shares and Dividends

Solution:

$FV =₹ 125 $
$MV =₹ 150$
Rate of dividend $=10 \%$
Dividend from each shares $=10 \%$ of $₹ 125$
$=₹ 12.5$
Given, total dividend $=$ ₹ 1875 .
The number of shares $=\frac{1875}{12.5}=150$.