Saved Bookmarks
| 1. |
Vamsi invested some amount buying Rs. 150 shares of a company which pays dividend at the rate of 8% per annum. If he gets back 10% per annum on his investment, then the value at which he bought the shares is ______.A. Rs. 100B. Rs. 120C. Rs. 180D. Rs. 210 |
|
Answer» Correct Answer - B (i) Same as Question No. 6 Use the following formula to find the MV. `FVxx` Rate of dividend `=MVxx` Rate of return. |
|