Can we use the formula --- Face value * dividend% = Market Value * return% (during Board exams)
A man buys rupees 50 shares of a company which pays 12% dividend he buys the seat search a price that his profit is 15% on his investment.
Is 15% also the return % in this question?
Asked by arpitt682 | 24th Aug, 2019, 12:50: PM
You can use the formula only if no other details are provided.
Else you have to follow the usual steps.
15% is the rate of return, which is also profit on investment.
Answered by Arun | 30th Aug, 2019, 09:36: AM
- Mrs.Matharu sold shares of face value ₹100, when the market value was ₹65 and recieved ₹9634.95 she paid brokerage 1% and GST on brokerage is 18% How many shares did she sell?
- I=pxn(n+1)/2x12xr/100 1000xn(n+1)/24x10/100=5550 100n(n+1)/24=5550 n(n+1)=1332 I have also got this answer can u plz explain me how u got n =36 and 37 from which number u have divided to get this number
- banking ch.
- 6 no.
- ch shares and dividends
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