Aaradhna bought 1000 shares, each of face value ₹10 of a company. During the first year, after purchase, she receives ₹800 as dividend on the shares. Find the rate of dividend on the shares.
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8%
1000 shares at 10
total amount spend 10000
dividend received 800
rate of dividend on shares is 800*100/ 10000= 8 %
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