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20,000?Sellinmany shares will she get for(5) Shri Shantilal has purchased 150 shares of FV100, for MV of120Company has paid dividend at 7%. Find the rate of return on hisinvestment. |
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Answer» FV=100 MV=120Dividend 7% therefore dividend 7% on investment of 120 Rate of return=Dividend income/ sum invested × 100=7/120 ×100=5.83 |
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