If 50 shares of FV 10 were purchased for MV 25 company declared 30% divident then find sum investment divident recieved and rate of return
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MV = Rs.25
FV = Rs.10
Shares = 50
Dividend Declared by the company = 30%.
Rate of Return = Dividend÷MV*100
= 30÷25*100 = Rs.120.
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