ICSE Class X Math 2014 Solved Paper

Salman invests a sum of money in ₹ 50 shares, paying $15 \%$ dividend quoted at $20 \%$ premium. If his annual dividend is $₹ 600$ , calculate:

Question : 31 of 52

Marks: +1, -0

the rate of return on his investment.

Solution:

Rate of return

\;=\;{\;\text " Total dividend "\;}/{\;\text " Total investment "\;} × 100

\;=\;{600}/{4,800} × 100

\;=12. 5 \% \;\text ". "\;

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