Question

A man buys rs 75 shares of a company pay 20% dividend,at discount of rs 15.
find
MV of 120 shares
Annual income
profit percent​

Answer 1

Step-by-step explanation:

CP of a share is 75

MV of share -

$75 - 15 = 60$

MV of 120 shares -

$60 \times 120 = 7200$

CP of 120 shares -

$120 \times 75 = 9000$

annual income

$\frac{20}{100} \times 9000 = 1800$

profit percent-

$\frac{1800}{7200} \times 100 \% = 25\%$