Question

ii) Amit bought 24 shares of FV 100 by investing 3000, 8% dividend was declared
on shares. Find (1) the MV of the share (2) dividend received (3) the rate of return
on investment​

Answer 1

Step-by-step explanation:

hope this answer will be helpful ^_^

Answer 2

Answer:

1) MV=₹125; 2) dividend received=₹8; 3)rate of return= 0.2667≈0.3

Step-by-step explanation:

1)total investment= no of shares×MV

3000=24×MV

3000÷24=MV

MV=125

2)dividend received=8% ×FV

=8÷100×100

dividend received=8

3)rate of return= dividend received÷total investment×100

=8÷3000×100

=0.26667

≈0.3