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
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50+20 =70
while we divided 70÷8%=875
we add 875+20=895
TanyaTanvi:
sorry to say u but it's totally wrong
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