Question

Mr. Chopra bought 400 shares of par value ₹10 each at the market price of ₹ 24 each. If the annual dividend distributed was at the rate of 12%, Find Mr. Chopra rate of return on investment.​

Answer 1

Answer:

please write the properly

Answer 2

Given : Mr. Chopra bought 400 shares of par value ₹10 each at the market price of ₹ 24 each.

The annual dividend distributed was at the rate of 12%,

To Find:  Rate of return on investment.​

Solution:

Share face Value = Rs 10

Dividend  =  (12/100)10 = 1.2 Rs

Hence Dividend per share = Rs 1.2

Market Value = Rs 24

Hence Investment per share = Rs  24

Rate of return on investment.​ = (1.2/24) * 100  =  5 %

Rate of return on investment is 5 %

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