Question

Mr. Dinesh bought some shares of a company which had a face value of
Rs.100 /-. The company declared a dividend of 15 % but Mr. Dinesh's
rate of return on investment was only 12%. At what market price did he
purchase the shares ? There was no brokerage involved .​

Answer 1

Answer:

use mathway

Step-by-step explanation:

Answer 2

Mr. Joshi incurred a loss of 12.17 % in this trading

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