Question

a man purchase 600 shares of face value rupee 40 at par if a dividend of 1680 was received at end of year find the rate of dividend

Answer 1

600 x 4 = 2400 is the value of shares

dividend was 1680

Rate = {(2400 - 1680) / 2400} * 100

= 720/2400 * 100 = 72000/2400 = 30%

Answer 2

Answer:

this is your answer

Step-by-step explanation:

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