$R s . 100$ shares of a company are sold at a discount of $R s . 20$ . If the return on the investment is $15 %$ , find the rate of dividend declared.

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Solution

Given that,
Shares of a company is $R S .100$
discount $R S .20$
Investment $15$ %
Now,
$100 \times x = \frac{80}{15} \times 100$
$x = 8 \times \frac{3}{2}$
$x = 12$

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Rs. 100 shares of a company are sold at a discount of Rs. 20. If the return on the investment is 15%, find the rate of dividend declared.

Given that,Shares of a company is RS.100discount RS.20Investment 15%Now,100×x=8015×100x=8×32x=12

$R s . 100$ shares of a company are sold at a discount of $R s . 20$ . If the return on the investment is $15 %$ , find the rate of dividend declared.

Given that,
Shares of a company is $R S .100$
discount $R S .20$
Investment $15$ %
Now,
$100 \times x = \frac{80}{15} \times 100$
$x = 8 \times \frac{3}{2}$
$x = 12$