Test Index

ICSE Class X Math 2014 Paper

Show Para  Hide Para 
Salman invests a sum of money in ₹ 50 shares, paying 15%15\% dividend quoted at 20%20\% premium. If his annual dividend is ₹ 600\text{₹ 600}, calculate:
© examsnet.com
Question : 31 of 52
Marks: +1, -0
the rate of return on his investment.
Solution:  
Rate of return =Total dividendTotal investment×100= \frac{\text{Total dividend}}{\text{Total investment}} \times 100
=6004,800×100= \frac{600}{4,800} \times 100
=12.5%. = 12. 5\% \text{. }
© examsnet.com
Go to Question:
Prev Question
Next Question