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A man invests Rs 9600 on Rs 100 shares at Rs 80. If the company pays him 18% dividend, find: (i) The number of shares he buys. (ii) His total dividend. (iii) His percentage return on the shares. [3 MARKS]

Answer» A man invests Rs 9600 on Rs 100 shares at Rs 80. If the company pays him 18% dividend, find:
(i) The number of shares he buys.
(ii) His total dividend.
(iii) His percentage return on the shares.
[3 MARKS]


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