1.

Amit Kumar invests Rs 36,000 in buying Rs 100 shares at Rs 20 premium. The dividend is 15% per annum. Find: (i) the number of shares he buys (ii) his yearly dividend (iii) the percentage return on his investment. [4 MARKS]

Answer» Amit Kumar invests Rs 36,000 in buying Rs 100 shares at Rs 20 premium. The dividend is 15% per annum. Find:
(i) the number of shares he buys
(ii) his yearly dividend
(iii) the percentage return on his investment.
[4 MARKS]


Discussion

No Comment Found

Related InterviewSolutions