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A man buys 24 shares at Rs. 150 per share having the par value of Rs. 100. If the dividend is 7.5% per annum, then the ratio of total annual income to his total inverstent is _______. |
Answer» `1 : 10` (ii) Incomefrom 1 share `=((FVxx"Rate of dividend"))/100` (III) Then find the total income from 24 shares. (iv) `MV=(150+100)` Total INVESTMENT `=MVxx24`. |
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