NumericalEasy1 mark
8(i)
A man bought ₹200 shares of a company at 25% premium. If he received a return of 5% on his investment. Find the :
number of shares purchased, if annual dividend is ₹1,000.
Topic: Shares, dividend and return
Previous-year question practice database
Answer
Exam answer
80 shares.
Explanation
Dividend per share ₹12.50; 1000/12.5=80.
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