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in Mathematics by (83.7k points)

A man invests Rs.9600 on Rs. 100 shares at Rs. 80 If the company pays him 18% dividend find: 

(i) the number of shares he buys. 

(ii) his total dividend 

(iii) his percentage return on the shares.

1 Answer

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Best answer

(iii) Percentage return = 2,160/9,600 x 100 = 22.5%

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