A man buys 400, twenty-rupee shares at a discount of 20% and receives

1.	A man buys 400, twenty-rupee shares at a discount of 20% and receives a return of 12% and receives a return of 12% on his money. Calculate : (i) the amount invested by him. (ii) the rate of dividend paid by the company.
Answer» A man buys 400, twenty-rupee shares at a discount of 20% and receives a return of 12% and receives a return of 12% on his money. Calculate : (i) the amount invested by him. (ii) the rate of dividend paid by the company.

A man buys 400, twenty-rupee shares at a discount of 20% and receives a return of 12% and receives a return of 12% on his money. Calculate : (i) the amount invested by him. (ii) the rate of dividend paid by the company.

Answer»

A man buys 400, twenty-rupee shares at a discount of 20% and receives a return of 12% and receives a return of 12% on his money. Calculate :

(i) the amount invested by him.

(ii) the rate of dividend paid by the company.

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A man buys 400, twenty-rupee shares at a discount of 20% and receives a return of 12% and receives a return of 12% on his money. Calculate : (i) the amount invested by him. (ii) the rate of dividend paid by the company.

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