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Question

The face value of a share is Rs. 100. Aakash purchased 25 shares when its market value was Rs. 70. In the year, the company declared 20% divided. Find the rate of return Aakash got on his investment.

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Solution

Given that,
Face value of share=Rs.100
Market value of shareRs.750
Total amount invested =25×70=Rs.1750
Dividend =20%
Total divided on 25 shares=20×25=Rs.1500
Now,
Rate of return=totaldividedsuminvested×100
=5001750×100
28.57%
Then,
We get 28.57%

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