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A man invests a sum of money in Rs.100 shares, paying 15% dividend quoted at 20% premium. If his annual dividend is Rs.540, calculate the rate of return on his investment? |
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Answer» A man invests a sum of money in Rs.100 shares, paying 15% dividend quoted at 20% premium. If his annual dividend is Rs.540, calculate the rate of return on his investment? |
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