Question

A man bought some shares of ₹100 at par value which yeild 12% divident per annum. At the end of one year he received₹2400 as divident. How many shares did he buy? How much did he invest?

Answer 1

Answer:

288 is you'r answer

Step-by-step explanation:

principle= 2400

rate=12

time=1

interest =p*r*t/100

2400*12*1/100

24*12*1

288