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Mr Anil bought Rs. 110 shares of a compa...

Mr Anil bought Rs. 110 shares of a company at a discount of Rs. 10. If the company pays a dividend at the rate of x% per annum, and Mr Anil earns at the rate of y% per annum on his investment, then `x : y` is _______.

A

`10 : 9`

B

`9 : 10`

C

`11 : 10`

D

`10 : 11`

Text Solution

Verified by Experts

The correct Answer is:
D
Dividend `xx` Face value `=` Market value `xx` Rate of return
`implies 110xx x=100xx y implies x/y=10/11`.
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