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प्रश्न
Calculate the annual income of the following:
120 shares of Rs 50 each available at Rs 62 and paying 13% dividend.
उत्तर
No. of shares = 120
Price of each share = Rs 50
Face value of 120 shares = Rs(50 x 120) =Rs 6,000
Dividend = 13 %
Therefore, Annual Income = Rs `(13 xx 6000)/100` = Rs 780
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