By purchasing rs50 gas shares for rs80 each, a man gets a 4% profit on his investment. What rate percent is the company paying? What is his dividend if he buys 200 shares?? PLEASEEEE ANS WITH SIMPLE AND CLEAR STEPS PLSSS AS SOON AS POSSIBLE!
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normal value=50rs
market value=80rs
profit=4%
dividend%=profit*normal value/market value
dividend%=4*50/80=5/2=2.5%
dividend=no. of shares*rate of dividend*normal value/100
=200*2.5*50/100=250 rs
HOPE IT HELPS U__
market value=80rs
profit=4%
dividend%=profit*normal value/market value
dividend%=4*50/80=5/2=2.5%
dividend=no. of shares*rate of dividend*normal value/100
=200*2.5*50/100=250 rs
HOPE IT HELPS U__
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