1.

Mr. Michel invested Rs 52000 on Rs 100 shares at a discount of Rs 20 paying 8% dividend. At the end of one year he sells the shares at a premium of Rs 20. Find his annual dividend.

Answer»

Mr. Michel invested Rs 52000 on Rs 100 shares at a discount of Rs 20 paying 8% dividend. At the end of one year he sells the shares at a premium of Rs 20. Find his annual dividend.




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