+2 votes
in Class 10 by kratos

Mr. Parekh invested Rs. 52,000 on Rs.100 shares at a discount of Rs.20 paying 8% dividend. At the end of one year he sells the shares at d premium of Rs. 20. Find :

(i) The annual dividend.

(ii) The profit earned including his dividend

1 Answer

+6 votes
by kratos
 
Best answer

Dividend on one share = Rate of Dividend x Face value of one share

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