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ICSE Mathematics Chapter 3 – Shares and Dividends Book: ML Aggarwal Class 10 Mathematics Exercise 3 1. Find the dividends received on 60 shares of Rs 20 each if 9% dividend is declared. Solution: Given value of shares = Rs. 20 Therefore the value of 60 shares = Rs. 20 × 60 = Rs. 1200 Given that rate of dividend = 9% Therefore total dividend = Rs. 1200 × 9% = 1200 × (9/100) = Rs 108 2. A company declares 8 percent dividend to the share holders. If a man receives a Rs. 2840 as his dividend, find the nominal value of his shares. Solution: Given that rate of dividend = 8% Also given that amount of dividend = Rs. 2840 Therefore nominal value of shares = (2840 × 100)/8 = Rs. 35500 3. A man buys 200 ten-rupee shares at Rs. 12.50 each and receives a dividend of 8%. Find the amount invested by him and the dividend received by him in cash. Solution: Given face value of shares = Rs. 10 Number of shares = 200 Therefore face value of 200 shares = 10 × 200 = Rs. 2000 Now, amount invested for the pur...

ICSE Mathematics Chapter 2: Banking Book:  ML Aggarwal Maths Class 10  Exercise 2 1. Mrs. Goswami deposits ₹ 1000 every month in a recurring deposit account for 3 years at 8% interest per annum. Find the matured value. Solution: It is given that Amount deposited by Mrs. Goswami = ₹ 1000 Rate of interest = 8% p.a. Period (x) = 3 years = 36 months We know that Total principal for one month = 1000 × [x (x + 1)]/ 2 Substituting the value of x = 1000 × (36 × 37)/ 2 By further calculation = ₹ 666000 Interest = PRT/ 100 Substituting the values = (666000 × 8 × 1)/ (100 × 12) So we get = ₹ 4440 So the amount of maturity = P × x + SI = 1000 × 36 + 4440 = 36000 + 4440 = ₹ 40440 2. Sonia had a recurring deposit account in a bank and deposited ₹ 600 per month for 2 ½ years. If the rate of interest was 10% p.a., find the maturity value of this account. Solution: Its given that, Amount deposited by Sonia per month = ₹ 600 Rate of interest (r) = 10% p.a. Period (n) = 2 ½ years = 30 months The...

ICSE Mathematics Chapter 1 – Goods and Service Tax (GST)  Book: M.L.Agarwal Maths Class 10 EXERCISE 1 1. An article is marked at  ₹  15000. A dealer sells it to a consumer at 10% profit. If the rate of GST is 12%, find: (i) the selling price (excluding tax) of the article. (ii) the amount of tax (under GST) paid by the consumer. (iii) the total amount paid by the consumer. Solution: (i) Marked price of the article = ₹15000 When sold at 10% profit Profit = (10/100) x ₹15000 = ₹1500 Thus, the selling price (excluding tax) = ₹15000 + ₹1500 = ₹16500 (ii) The rate of GST is 12% Thus, the amount of tax (GST) paid by the consumer would be = (12/100) x ₹16500 = ₹1980 (iii) Therefore, the total amount paid by the consumer = Selling price + GST = ₹16500 + ₹1980 = ₹18480 2. A shopkeeper buy goods worth  ₹  4000 and sells these at a profit of 20% to a consumer in the same state. If GST is charged at 5%, find: (i) the selling price (excluding tax) of the goods. (ii) CGST pai...

Exponents Ex.2.1 M.L.Agarwal Link for Ex. 2.2:  https://exponents 2.2