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Bhavishya invests Rs 24000 in buying shares of nominal value of Rs 50 at 20% premium. The dividend on shares is 12% per annum. Calculate: i) the dividend he receives annually. ii) the rate of return on his investment |
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Answer» Bhavishya invests Rs 24000 in buying shares of nominal value of Rs 50 at 20% premium. The dividend on shares is 12% per annum. Calculate: i) the dividend he receives annually. ii) the rate of return on his investment |
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