A man buys Rs. 10 shares of market value of Rs. 15 in a company that pays 9% dividend. find the (i) market value of 200 shares.(ii) annual income (iii) percentage return on his investment
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NV=Rs10
MV=RS15
MV of 200 shares=200*15
(1) MV of 200 shares=Rs3000
(2) Annual income =rate*no of shares*NV
Annual income=9/100*200*10
Annual income=RS180
(3) Money invest=Rs3000
Rate of return =total income*100/total invest
Rate of return =180*100/3000
Rate of return =18%
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NV=Rs10
MV=RS15
MV of 200 shares=200*15
(1) MV of 200 shares=Rs3000
(2) Annual income =rate*no of shares*NV
Annual income=9/100*200*10
Annual income=RS180
(3) Money invest=Rs3000
Rate of return =total income*100/total invest
Rate of return =180*100/3000
Rate of return =18%
plsss mark as brainliest
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Answer:
sol.18% is the answer.
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