Question

Mr Prakhar invested rupees 50 mm on rupees 100 shares at a discount of rupees 20 paying 8% dividend at the end of 1 year he sells the shares at a premium of rupees 20 find the annual dividend and the profit and including his dividend​

Answer 1

50+20 =70

while we divided 70÷8%=875

we add 875+20=895