Question

shri shanti has purchased 150 shares of FV = 100rs, MV=120rs,
company has paid divided of 7%, find the rate of Return and sun investment. ​

Answer 1

HEYA!!!

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Answer 2

Answer:

5.83 %

Step-by-step explanation:

Share purchased = 150

MV of share = 120

Amount invested = 150 * 120 =  18000

Dividend Announced = 7 %

dividend per share = (dividend % / 100) * Face Value  

= (7/100) * 100

= 7

Dividend for 150 shares = 150 * 7 = 1050

Return on the investment = (1050/18000) * 100  

= 5.83 %