Question

The force value of a share is $Rs.100$. Aakash purchase $25$ shares when its market value was $Rs.70$. In the year the company declared $20$% dividend. Find the rate of return Aakash got on his investment.

Answer 1

Therefore,

The rate of return

$=\frac{3000-1750}{3000}\times 100$

$=\frac{1250}{3000}\times 100$

$=41.667\%$

Hence, this is the answer.