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Prasad Purchased a Share of Face Value Rs. 100 When Its Market Price Was Rs. 150. Company Declared a Dividend of 12% on the Share. What Was the Rate of Return on the Investment Prasad Made ? - Algebra

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प्रश्न

Prasad purchased a share of face value Rs. 100 when its market price was Rs. 150. Company declared a dividend of 12% on the share. What was the rate of return on the investment Prasad made ? 

उत्तर

F. V. = Rs. 100, M. V. = Rs. 150, Dividend = 12%
Let rate of return = x %
If Rs. 150 are invested,
the returns are Rs. 12  

∴ `12/150=x/100` 

`x=(12xx100)/150=8` 

∴ The rate of return is 8 %. 

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2018-2019 (March) Balbharati Model Question Paper Set 3
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