the face value of a share is Rs. 100. aakash purchased 25 share when its market value was Rs 70 . in the year the company declared 20% dividend find the rate of return aakash got on his investment
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given : fv 100,mv 70 divided 20
20 upon 70 = x upon 100
x = 20×100 upon 70
28.57
20 upon 70 = x upon 100
x = 20×100 upon 70
28.57
tejaskadam86:
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Answer:
Akash got 28.57% rate of return
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