(2) Mr.Amol purchased 70 shares of Face Value 100 when the Market value
of the share was 120. Company had given 15% dividend. Find the rate.
of return on investment.
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Answer:
Step-by-step explanation:
No of shares = 50
FV= 100
MV=80
d%=20%
Investment = No of shares × MV
= 50 × 80
= 4000
Annual income = FV × d × No of shares
= 100×20/100× 50
=₹1000
return = Annual divided/ Investment × 100
= 1000/4000 × 100
=25%
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