a company declares a dividend of 20% on its equity shares. if a share whose face value is Rs 10 is purchased for Rs 30 what is the percentage return on the investment
Answers
6.67 % return on the investment
Step-by-step explanation:
a share whose face value is Rs 10 is purchased for Rs 30
=> MV = 30
FV = 10
Dividend = 20 %
Dividend = (20/100)* 10 = 2 Rs
Rs 2 Dividend on Rs 30 investment
Percentage return on the investment = (2/30)*100
= 20/3
= 6.67 %
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Answer:
The percentage on investment is 6. 67%
Step-by-step explanation:
Given:
The face value (FV)= 10rs.
The market value (MV)= 30rs.
Dividend= 20%
( 20% dividend as per face value)
20/100 x 10
= 2rs.
Rs. 2 divided on rs. 30 investment.
% returns on investment is
2/30x 100
= 20/3
= 6. 67%
therefore, The percentage on investment is 6. 67%