This is too damn urgent.........!!!!!!!!!!!

Subject: This is too damn urgent.........!!!!!!!!!!! Tue Feb 26, 2008 12:01 am

Shares and dividends
A person invested 20%, 30%, 25% of his savings in buying shares of three different companies A, B and C whichdeclared dividends of 10%, 12% and 15% respectively. If his total income on accounts of dividends be Rs4575, find his saving and the amount which he invested buying shares of each company.

Active member

Let x be the total savings

Dividend of A=(20x*10)/(100*100)

Dividend of B=(30x*10)/(100*100)

Dividend of C=(25x*10)/(100*100)

Total Dividend=(20x*10)/(100*100)+ (30x*10)/(100*100)+ (25x*10)/(100*100)=Rs.4575

=>(200x+360x+375x)/10000=4575

=>(200+360+375)x=4575*10000

=>935x=4575*10000

=>x=Rs.48930

Total saving =Rs.48930

Therefore, the total investment is 75% of the total saving

So total investment =>75/100*48930= Rs.36697.50

So, investment in A=20/75*36697.50= Rs.9786.00

Investment in B=30/75*36697.50=Rs.14679.00

Investment in C=25/75*36697.50=Rs.12232.50

Active member

the formula to find the income is=nominal value*dividend%*no.of shares.
the investment is=market value*no.of shares bought.
so,in the question nothing is specified abt the nominal value,then how can u assume that the nominal value is equal to the market value????????????????????

I'm sorry to say this but the answer is wrong the real answers are
Savings=50,000
A=Rs10,000
B=Rs15,000
C=Rs12,500
But I don't know how to get them.

Active member

I'm sorry to say this but the answer is wrong the real answers are
Savings=50,000
A=Rs10,000
B=Rs15,000
C=Rs12,500
But I don't know how to get them.

EXPLANATION: ACCORDING TO THIS ANSWER THE TOTAL INCOME SHOULD BE Rs. 4675 AND NOT Rs. 4575 AS GIVEN IN THE QUESTION.

Active member

Let x be the total savings

Dividend of A=(20x*10)/(100*100)

Dividend of B=(30x*10)/(100*100)

Dividend of C=(25x*10)/(100*100)

Total Dividend=(20x*10)/(100*100)+ (30x*10)/(100*100)+ (25x*10)/(100*100)=Rs.4675

=>(200x+360x+375x)/10000=4675

=>(200+360+375)x=4675*10000

=>935x=4675*10000

=>x=Rs.50000
Total saving =Rs.50000
Therefore, the total investment is 75% of the total saving

So total investment =>75/100*50000= Rs.37500 So, investment in A=20/75*37500= Rs.10000
Investment in B=30/75*37500=Rs.15000
Investment in C=25/75*37500=Rs.12500

if nothing is mentioned in the question, => NV= MV CAN BE SAFELY ASSUMED