Question

3
Ramesh buys 100 shares at 20 premium in a company paying 15%
dividend. Find : (i) the market value of 600 shares: (ii) his annual income:
(iii) his percentage income.



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Answer 1

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Answer 2

Step-by-step explanation:

₹100+₹20=₹120

600*15/100*₹100=₹72000

=600*15/100*₹100=₹9000

=9,000/72000*100%=12.5%