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A man invests Rs 8800 in buying shares of a company of nominal value of Rs 100 each at a premium of 10%. If he earns Rs 1200 at the end of each year as dividend, find: 1) No. Of shares he has in the company 2) the dividend percent per share. |
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Answer» A man invests Rs 8800 in buying shares of a company of nominal value of Rs 100 each at a premium of 10%. If he earns Rs 1200 at the end of each year as dividend, find: 1) No. Of shares he has in the company 2) the dividend percent per share. |
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