by purchasing Rs. 25 gas shares for Rs. 10 each, a man gets 4% profit on his investment. What rate percent is the company paying? What is his dividend if he buys 60 shares
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Answered by
7
Given,
M.V.=rupees 40
N.V.=rupees 25
Profit percent= 4%
So...
M.V. × p% = N.V. × d%
40 × 40/100 = 25 × d/100
16/10 = 25 × d /100
16/10 = 1 × d/4
16 × 4 /10 = d
6.4 % = d
NOW,
Dividend = n × d% × N.V.
=60 × 6.4 × 25 /100
=6 × 64 × 25/100
=96.....
HOPE IT HELPS UH.....♥♥
Answered by
8
Answer:how market value is 40?
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