Two companies have shares of 7% at 116 and 9% at 145 respectively. In which of the shares would the investment be more profitable?
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Answered by
2
Answer:
Let the investment in each case = Rs 116∗145
Dividend in the first case = (165∗145∗7)/116 = Rs 1,015.
Dividend in second case = (116∗145∗9)/145 = Rs 1,044.
From the above it is clear that the second type of share that is 9% at Rs 145 are more profitable.
Answered by
0
Answer:
9 percent at 145 is the right answer
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