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y shares will she get for 20,000Shantilal has purchased 150 shares of FV 100, for MV of 120pany has paid dividend at 7%. Find the rate of return on histment.102 |
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Answer» (i) Shri Shantilal’s investment = No. of shares × MV = 150 × 120 = ₹18000 (ii) Dividend per share = FV × Rate of dividend = 100 × 7%=7/100x 100= ₹7 (iii) Total dividend received : = No. of share × dividend per share = 150 × 7 = ₹1050 (iv) Rate of return (ROR)=Dividend−received/Sum−investedx100=1050/18000x100= 5.83∴ The rate of return on investment = 5.83% Please like the solution 👍 ✔️👍 |
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