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50 shares of FV ₹10 were purchased for M...

50 shares of FV ₹10 were purchased for MV of ₹25. Company declared 30% dividend on the shares. Find (i)Sum invested (ii)Dividend earned (iii)Rate of return.

Text Solution

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The correct Answer is:
(i) 1250
(ii) 150
(iii) 12%
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