NumericalEasy1 mark
5(b)
A man invests ₹22,500 in ₹50 shares available at 10% discount. If the dividend paid by the company is 12%, calculate:
The rate of return he gets on his investment. Give your answer correct to the nearest whole number.
Topic: Shares, dividend and return
Previous-year question practice database
Answer
Exam answer
× 100 = 13.333% ≈ 13%
Explanation
Yield% = 3000 22500 × 100 = 13.333% ≈ 13%
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