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

Answer:

1) MV = Investment / No of shares

= 3000 / 24

= Rs. 125

2) Dividend = 8/100 ×100

= Rs. 8

Total dividend received = 8 × 24

= Rs. 192

3) Rate of Return = Total dividend received/ Investment

= 192 / 3000 × 100

= 6.4 %

Step-by-step explanation:

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