Question

face value of share is rs 100. aakash purchased 25 shares when its market value was rs 70 . in the year , the company declared 20% dividend . find the rate of return aakash got on his investment

Answer 1

Answer:

Step-by-step explanation:

Sum invested = no.of shares(MV) =25(70) =rs1750 total dividend= 20(25) = rs 500 rate of return = total dividend / sum invested (100) =28.57%