A lady holds 1,800 Rs.100 shares of a company that pays 15% dividend annually. If she had bought these shares at a premium of 40%, what percentage return does she get on her investment?

Give the answer correct to the nearest integer.

10%

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11%

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12%

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13%

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14%

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Solution

The correct option is B
11%

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Give your answer to the nearest integer.

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A lady holds 1,800 Rs.100 shares of a company that pays 15% dividend annually. If she had bought these shares at a premium of 40%, what percentage return does she get on her investment? Give the answer correct to the nearest integer.

The correct option is B 11%

A lady holds 1,800 Rs.100 shares of a company that pays 15% dividend annually. If she had bought these shares at a premium of 40%, what percentage return does she get on her investment?

Give the answer correct to the nearest integer.

The correct option is B
11%