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A man holds 800 shares of rupes 100 each...

A man holds 800 shares of rupes 100 each of a company paying 7.5% divided semi - annually.
If he had bought these shares at 40% premium. What percentage return does he get on his investment?

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The correct Answer is:
` 10 (5)/(7) %`
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ICSE-REVISION PAPER -1 -SECTION B
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