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Dhanik invests a certain amount in 300,Rs.75 shares of a company paying `10%` divident. Find the his annual income from this investment. |
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Answer» Face value of the share = Rs.75 Number of shares bought = 300 Dividend = `10%` `"Annual income from each share"="Rs."[(10)/(100)(75)]="Rs."7.50`. `therefore" Annual income from 300 shares"="Rs."(7.50xx300)="Rs."2250.` |
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