Problem Set 4B Algebra 10th Std Maths Part 1 Answers Chapter 4 Financial Planning
Financial Planning Class 10 Problem Set 4b
Question 1.
Write the correct alternative for the following questions.
i. If the Face Value of a share is ₹ 100 and Market value is ₹ 75, then which of the following statement is correct?
(A) The share is at premium of ₹ 175
(B) The share is at discount of ₹ 25
(C) The share is at premium of ₹ 25
(D) The share is at discount of ₹ 75
Answer:
(B)
ii. What is the amount of dividend received per share of face value ₹ 10 if dividend declared is 50%.
(A) ₹ 50
(B) ₹ 5
(C) ₹ 500
(D) ₹ 100
Answer:
Dividend = 10 × = ₹ 5
(B)
iii. The NAV of a unit in mutual fund scheme is ₹ 10.65, then find the amount required to buy 500 such units.
(A) 5325
(B) 5235
(C) 532500
(D) 53250
Answer:
(A)
iv. Rate of GST on brokerage is _______
(A) 5%
(B) 12%
(C) 18%
(D) 28%
Answer:
(C)
v. To find the cost of one share at the time of buying the amount of Brokerage and GST is to be ______ MV of share.
(A) added to
(B) subtracted from
(C) Multiplied with
(D) divided by
Answer:
(A)
Problem Set 4b Algebra Class 10 Question 2. Find the purchase price of a share of FV ₹ 100 if it is at premium of ₹ 30. The brokerage rate is 0.3%.
Solution:
Here, Face Value of share = ₹ 100,
premium = ₹ 30, brokerage = 0.3%
MV = FV + Premium
= 100 + 30
= ₹ 130
Brokerage = 0.3% of MV
= × 130 = ₹ 0.39
Purchase price of a share = MV + Brokerage
= 130 + 0.39
= ₹ 130.39
Purchase price of a share is ₹ 130.39.


Alternate Method:
Brokerage = 0.1 %, GST = 18%
At the time of selling shares:
Total sale amount of shares = ₹ 30,350
Brokerage = 0.1% of 30,350
For purchasing shares:
Total purchase amount of shares = ₹ 69,650
Brokerage = 0.1% of 69,650
= × 69650
= ₹ 69.65
GST = 18% of 69.65
= × 69.65
= ₹ 12.537
∴ Total expenditure on brokerage and tax = Brokerage and tax on selling + Brokerage and tax on purchasing
= (30.35 + 5.463) + (69.65 + 12.537)
= ₹ 118
∴ Total expenditure on brokerage and tax is ₹ 118.
ii. Brokerage = 0.3% of sum invested
= × 1,20,000 = ₹ 360
∴ Brokerage paid on sum invested is ₹ 360.
iii. GST = 18% of brokerage
= × 360 = ₹ 64.80
∴ GST paid on brokerage is ₹ 64.80.
iv. Total amount paid for 100 shares
= Sum invested + Brokerage + GST
= 1,20,000 + 360 + 64.80
= ₹ 1,20,424.80
∴ Total amount paid for 100 shares is ₹ 1,20,424.80.
Alternate Method:
For purchasing share:
Here, FV = ₹ 100, MV = ₹ 660, Number of shares = 22, rate of brokerage = 0.1%
Sum invested = MV × Number of shares
= 660 × 22
= ₹ 14,520
Brokerage = 0.1 % of MV
= × 660 = ₹ 0.66
Amount invested for 1 share = 660 + 0.66
= ₹ 660.66
For dividend:
Rate of dividend = 20%
Dividend = 20% of FV = × 100 = ₹ 20
For selling share:
MV = ₹ 650, rate of brokerage = 0.1%
Brokerage = 0.1 % of MV
= × 650 = ₹ 0.65 100
Amount received after selling 1 share
= 650 – 0.65 = 649.35
∴ Amount received including divided
= selling price of 1 share + dividend per share
= 649.35 + 20
= ₹ 669.35
Since, income > Amount invested
∴ Profit is gained.
∴ profit = 669.35 – 660.66 = ₹ 8.69
Profit Percentage = × 100= 1.31%
∴ Percentage of profit in the share trading is 1 % (nearest integer).