Start learning →

Ten shares of FV ₹100 yield ₹150 in one year. What dividend rate applies?

A10%
B12%
C18%
D15%
Answer & Solution
Correct answer: D. 15%
The rate is ₹150÷(10×₹100)×100 = 15%.
Practise this question with Quill — ICSE Class 10 →

Keep practising Commercial Mathematics: GST, Banking & Shares

Browse all Commercial Mathematics: GST, Banking & Shares questions for ICSE Class 10, or explore more Mathematics topics.

Start a Commercial Mathematics: GST, Banking & Shares lesson →