ICSE Class X Math 2014 Solved Paper

Salman invests a sum of money in ₹ 50 shares, paying 15% dividend quoted at 20% premium. If his annual dividend is ₹600, calculate:

Question : 31

Total: 52

the rate of return on his investment.

Solution:

Rate of return ‌=‌

‌ Total dividend ‌

‌ Total investment ‌

×100
‌=‌

600

4,800

×100
‌=12.5%‌. ‌

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