10th Standard Maths 1 Practice Set 4.3 Chapter 4 Financial Planning Textbook Answers Maharashtra Board

Balbharti Maharashtra State Board Class 10 Maths Solutions covers the Practice Set 4.3 Algebra 10th Class Maths Part 1 Answers Solutions Chapter 4 Financial Planning.

Class 10 Maths Part 1 Practice Set 4.3 Chapter 4 Financial Planning Questions With Answers Maharashtra Board

Practice Set 4.3 Financial Planning Question 1. Complete the following table by writing suitable numbers and words.
Maharashtra Board Class 10 Maths Solutions Chapter 4 Financial Planning Practice Set 4.3 1
Solution:
i. Here, share is at par.
∴ MV = FV
∴ MV = ₹ 100

ii. Here, Premium = ₹ 500, MV = ₹ 575
∴ FV + Premium = MV
∴ FV + 500 = 575
∴ FV = 575 – 500
∴ FV = ₹ 75

iii. Here, FV = ₹ 10, MV = ₹ 5
∴ FV > MV
Share is at discount.
FV – Discount = MV
∴ 10 – Discount = 5
∴ 10 – 5 = Discount
₹ Discount = ₹ 5
Maharashtra Board Class 10 Maths Solutions Chapter 4 Financial Planning Practice Set 4.3 2

Practice Set 4.3 Question 2. Mr. Amol purchased 50 shares of Face value ₹ 100 when the Market value of the share was ₹ 80. Company had given 20% dividend. Find the rate of return on investment.
Solution:
Here, MV = ₹ 80, FV = ₹ 100,
Number of shares = 50, Rate of dividend = 20%
∴ Sum invested = Number of shares × MV
= 50 × 80
= ₹ 4000

Dividend per share = 20% of FV
= \(\frac { 20 }{ 100 } \) × 100 = ₹ 20
∴ Total dividend of 50 shares = 50 × 20
= ₹ 1000
Maharashtra Board Class 10 Maths Solutions Chapter 4 Financial Planning Practice Set 4.3 3
∴ Rate of return on investment is 25%.

Practice Set 4.3 Question 3.
Joseph purchased following shares, Find his total investment.
Company A : 200 shares, FV = ₹ 2, Premium = ₹ 18.
Company B : 45 shares, MV = ₹ 500
Company C : 1 share, MV = ₹ 10,540
Solution:
For company A:
FV = ₹ 2, premium = ₹ 18,
Number of shares = 200
∴ MV = FV+ Premium
= 2 + 18
= ₹ 20
Sum invested = Number of shares × MV
= 200 × 20
= ₹ 14000

For company B:
MV = ₹ 500, Number of shares = 45
Sum invested = Number of shares × MV
= 45 × 500 = ₹ 22,500

For company C:
MV = ₹ 10,540, Number of shares = 1
∴ Sum invested = Number of shares × MV
= 1 × 10540
= ₹ 10,540
∴ Total investment of Joseph
= Investment for company A + Investment for company B + Investment for company C
= 4000 + 22,500 + 10,540
= ₹ 37040
∴ Total investment done by Joseph is ₹ 37,040.

Practice Set 4.3 Class 7th Question 4.
Smt. Deshpande purchased shares of FV ₹ 5 at a premium of ₹ 20. How many shares will she get for ₹ 20,000?
Solution:
Here, FV = ₹ 5, Premium = ₹ 20,
Sum invested = ₹ 20,000
∴ MV = FV + Premium
= 5 + 20
∴ MV = ₹ 25
Now, sum invested = Number of shares × MV
Maharashtra Board Class 10 Maths Solutions Chapter 4 Financial Planning Practice Set 4.3 4
∴ Smt. Deshpande got 800 shares for ₹ 20,000.

Question 5.
Shri Shantilal has purchased 150 shares of FV ₹ 100, for MV of ₹ 120. Company has paid dividend at 7%. Find the rate of return on his investment.
Solution:
Here, FV = ₹ 100, MV = ₹ 120
Dividend = 7%, Number of shares = 150
∴ Sum invested = Number of shares × MV
= 150 × 120 = ₹ 18000
Dividend per share = 7% of FV
= \(\frac { 7 }{ 100 } \) × 100 = ₹ 7
∴ Total dividend of 150 shares
= 150 × 7 = ₹ 1050
Maharashtra Board Class 10 Maths Solutions Chapter 4 Financial Planning Practice Set 4.3 5
∴ Rate of return on investment is 5.83%.

4.3 Class 10 Question 6. If the face value of both the shares is same, then which investment out of the following is more profitable?
Company A : dividend 16%, MV = ₹ 80,
Company B : dividend 20%, MV = ₹ 120.
Solution:
Let the face value of share be ₹ x.
For company A:
MV = ₹ 80, Dividend = 16%
Dividend = 16% of FV
Maharashtra Board Class 10 Maths Solutions Chapter 4 Financial Planning Practice Set 4.3 6
∴ Rate of return of company A is more.
∴ Investment in company A is profitable.

Question 1.
Smita has invested ₹ 12,000 and purchased shares of FV ₹ 10 at a premium of ₹ 2. Find the number of shares she purchased. Complete the given activity to get the answer. (Textbook pg. no. 101.)
Solution:
Maharashtra Board Class 10 Maths Solutions Chapter 4 Financial Planning Practice Set 4.3 7

Maharashtra State Board Class 10 Maths Solutions Part 1