If Zoya buys fifty 12%, ₹150 shares at ₹110, then what is the rate of dividend on these shares?
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Formula
Sum invested = No. of shares bought MV of 1 share.
No. of shares bought. Also, no. of shares bought from 1 share.
Income (return or profit) = (No. of shares) (rate of dividend) (NV) =(No. of shares) (Dividend on 1 share)
Return % = Income (profit) %
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