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A man has a choice to invest in hundread rupee shares of two firms at 120rs or at 132rs. The first firm pays a dividend of 5% per annum and the second firm pays a dividend of 6% per annum. Find : (i) which company is giving a better return. (ii) if a man invests 26400rs with each firm how much will be the difference between the annual returns from the two firms ? |
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