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By investing Rs 10,000 in the shares of ...

By investing Rs 10,000 in the shares of a company, a man gets an income of Rs 800, the dividend being 10%. If the face-value of each share is Rs 100, Find:
the rate percent which the person earns on his investment.

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The correct Answer is:
To find the rate percent which the person earns on his investment, we can follow these steps: ### Step 1: Identify the given values - Investment amount (I) = Rs 10,000 - Income from shares (E) = Rs 800 ### Step 2: Use the formula for rate percent The formula to calculate the rate percent (R) is given by: \[ R = \left( \frac{E}{I} \right) \times 100 \] ### Step 3: Substitute the values into the formula Substituting the known values into the formula: \[ R = \left( \frac{800}{10000} \right) \times 100 \] ### Step 4: Calculate the fraction Now, calculate the fraction: \[ \frac{800}{10000} = 0.08 \] ### Step 5: Multiply by 100 to find the rate percent Now, multiply by 100 to convert it into percentage: \[ R = 0.08 \times 100 = 8\% \] ### Final Answer The rate percent which the person earns on his investment is **8%**. ---
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