Question

Find the number of shares purchased by Mr. Shantanu who invest rs 2,79,837 in 5 shares quote at 62, paying 0.3% brokerage.​

Answer 1

Answer:

it is a question from share and debenture from class 12yh commerrce stream

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%