ICSE Class 10

General instructions: Answer all questions. Marks are shown in brackets [ ].

Objective

1. 1.
   Rajesh possesses 600 shares of ₹30 of a NBFC. If company gives a dividend of 20% then his annual income is :

   1. A. ₹2464
   2. B. ₹3528
   3. C. ₹2644
   4. D. ₹3258
   [1]
2. 2.
   If Nishant invest ₹17920 on ₹50 shares at premium of 12% then the no. of shares is :

   1. A. 420
   2. B. 430
   3. C. 340
   4. D. 320
   [1]
3. 3.
   Rakhee invested ₹ 12,500 in shares of a company paying 6% dividend per annum. If she bought ₹ 50 shares for ₹ 62.50 each, find her income from the investment.

   1. A. ₹ 500
   2. B. ₹ 600
   3. C. ₹ 750
   4. D. ₹ 1,200
   [1]
4. 4.
   Market value of 300, ₹100 shares at a premium of ₹12 is:

   1. A. 33600
   2. B. 36300
   3. C. 36200
   4. D. 32600
   [1]
5. 5.
   Dividend is declared on:

   1. A. Market value
   2. B. Cash value
   3. C. Face value
   4. D. Fair value
   [1]
6. 6.
   Nidhi possesses 550 shares of ₹25 of a finance company. If the company announces a dividend of 8% then her annual income is:

   1. A. ₹1300
   2. B. ₹1100
   3. C. ₹1150
   4. D. ₹1200
   [1]
7. 7.
   A man invested in a company paying $12\%$ dividend on its share. If the percentage return on his investment is $10\%$, then the shares are

   1. a. At par
   2. b. Below par
   3. c. Above par
   4. d. Can not be determined
   [1]
8. 8.
   By investing Rs. 11440 in a company, paying 10% dividend, an annual income of Rs. 520 is received. What is the market value of each Rs. 50 share?

   1. A. Rs. 90
   2. B. Rs. 100
   3. C. Rs. 110
   4. D. Rs. 120
   [1]
9. 9.
   Leena invested ₹17100 on 15%, ₹100 shares at premium of 14% than her annual income:

   1. A. ₹2520
   2. B. ₹5250
   3. C. ₹2250
   4. D. ₹5520
   [1]
10. 10.
    Hundred rupee shares of a company are available in the market at a premium of ₹ 20. Find the rate of dividend given by the company when a man's return on his investment is 15 percent.

    1. A. 12%
    2. B. 15%
    3. C. 18%
    4. D. 20%
    [1]
11. 11.
    How much should a man invest in Rs. 25 shares, selling at Rs. 36 to obtain an annual income of Rs. 1500, if the dividend declared is 12%?

    1. A. Rs. 12500
    2. B. Rs. 18000
    3. C. Rs. 30000
    4. D. Rs. 10800
    [1]
12. 12.
    By investing ₹ 7,500 in a company paying 10 percent dividend, an annual income of ₹ 500 is received. What price is paid for each of ₹ 100 share?

    1. A. ₹ 100
    2. B. ₹ 120
    3. C. ₹ 150
    4. D. ₹ 200
    [1]
13. 13.
    Sachin buys 1120 shares at ₹52 per share and gets dividend of ₹1456 then rate of return is:

    1. A. 1.5%
    2. B. 5%
    3. C. 2.5%
    4. D. 2%
    [1]
14. 14.
    Romesh buys ₹100 shares at ₹15 premium in a company paying 15% dividend then market value of 700 shares is:

    1. A. ₹75,000
    2. B. ₹70,000
    3. C. ₹72,000
    4. D. ₹80,500
    [1]
15. 15.
    Two brothers A and B invest ₹16,000 each in buying shares of two companies. A buys 3% hundred-rupee shares at 80 and B buys ten-rupee shares at par. If they both receive equal dividend at the end of the year, find the rate percent of the dividend received by B.

    1. A. 3%
    2. B. 6%
    3. C. 12%
    4. D. 37.5%
    [1]
16. 16.
    How much should a man invest in ₹ 80 shares selling at ₹ 75 to obtain an annual income of ₹ 1,080, if the dividend declared is 15 percent?

    1. A. ₹ 54,000
    2. B. ₹ 67,500
    3. C. ₹ 72,000
    4. D. ₹ 90,000
    [1]
17. 17.
    A man sold 400 shares of ₹20 each paying 5% dividend at ₹18 per share. He then invested the proceeds in ₹10 shares paying 7% dividend at ₹12 per share. How many ₹10 shares did he buy?

    1. A. 500
    2. B. 600
    3. C. 700
    4. D. 800
    [1]
18. 18.
    Total dividend received from two companies is ₹936. A man invests ₹x in each company. The first company pays 8% dividend on ₹100 shares at 20% premium. The second company pays 7% dividend on ₹100 shares at 10% premium. What is the amount invested in each company?

    1. A. ₹5,400
    2. B. ₹6,480
    3. C. ₹7,200
    4. D. ₹8,100
    [1]
19. 19.
    John had 1,000 shares of a company with a face value of ₹ 40 and paying 8% dividend. He sold some of these shares at a discount of 10% and invested the proceeds in ₹ 20 shares at a premium of 50% and paying 12% dividend. If the change in his income is ₹ 192, find the number of shares sold by John.

    1. A. 400
    2. B. 500
    3. C. 600
    4. D. 700
    [1]
20. 20.
    A man sold 400 (₹ 20) shares of a company, paying 5% at ₹ 18 and invested the proceeds in (₹ 10) shares of another company paying 7% at ₹ 12. How many (₹ 10) shares did he buy, and what was the change in his annual income?

    1. A. 500 shares; Increase of ₹50
    2. B. 600 shares; Increase of ₹20
    3. C. 720 shares; Decrease of ₹30
    4. D. 600 shares; Decrease of ₹20
    [1]