1.

Mannan buys 400, twenty rupee shares at a premium of Rs 4 each and receives a dividend of 12%. Find: i) Amount invested by him ii) Total income iii) His percentage return on his investment.

Answer»

Mannan buys 400, twenty rupee shares at a premium of Rs 4 each and receives a dividend of 12%. Find:

i) Amount invested by him

ii) Total income

iii) His percentage return on his investment.




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