1.

A man invests Rs 11,200 in a company paying 6 percent per annum when its Rs 100 shares can be bought for Rs 140. Find : (i) his annual dividend. (ii) his percentage return on his investment.

Answer»

A man invests Rs 11,200 in a company paying 6 percent per annum when its Rs 100 shares can be bought for Rs 140. Find :

(i) his annual dividend.

(ii) his percentage return on his investment.



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