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Question

A man invests Rs. 20,020 in buying shares of nominal value Rs.26 at 10% premium. The dividend on the shares is 15% per annum. Calculate


  1. 2730, 12.6%

  2. 2730, 10.6%

  3. 2760, 10.6%

  4. 2760, 13.6%

  5. 2760, 12.6%

  6. 2730, 13.6%


Solution

The correct option is F

2730, 13.6%


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