Question

340 shares with face value Rs. 100 each bought at a market
price of Rs. 150 each earned 12% dividend. The rate of
return on investment is

Answer 1

Answer:

8%

Step-by-step explanation:

340 shares with face value Rs. 100 each bought at a market price of Rs. 150 each earned 12% Dividend. The rate of return on investment is 8%