Fv of a share is rs.100 aakash purchased 25 shares mvwas rs.70 company decalred 20%dividend find rate of return aakash got on his investment
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Money invested = nos* mv
= 25*70
= 1750
Income = nos* d% * fv
= 25*20/100*100
= 500
Rate of return = Income/Investment*100
= 500/1750*100
= 28.5%
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