Question

 A writing industry issued some shares of face value ₹ 10 each. A dividend of ₹ 7,500 was declared by the company at 2.5% per share. Find the number of shares issued by the  company.​

Answer 1

Answer:

Given that,

Face value of share=Rs.100

Market value of shareRs.750

∴ Total amount invested =25×70=Rs.1750

Dividend =20%

∴ Total divided on 25 shares=20×25=Rs.1500

Now,

Rate of return=

suminvested

totaldivided

×100

=

1750

500

×100

28.57%

Then,

We get 28.57%

Answer 2

Answer:

Given that,

Face value of share=Rs.100

Market value of shareRs.750

∴ Total amount invested =25×70=Rs.1750

Dividend =20%

∴ Total divided on 25 shares=20×25=Rs.1500

Now,

Rate of return=

suminvested

totaldivided

×100

=

1750

500

×100

28.57%

Then,

We get 28.57%

Step-by-step explanation:

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