Question

Prashant bought $50$ shares of $FVRs.100$ having $MV$ $Rs.180$ company gave him $40\%$ dividend on the shares. Find the rate of return on investment in percentage .

Answer 1

On investing $Rs.180$, Dividend $=Rs.40$

Rate of investment $=\frac{dividend}{investment}\times 100=\frac{40}{180}\times 100$

$=\frac{200}{9}\simeq 22.2$

Thus, rate of investment is $22.2\%$.