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प्रश्न
Calculate the percentage income in the following investment:
Rs 7,225 paying 12% when a Rs 100 share is available at 15% discount.
उत्तर
Investment= Rs 7,225
Nominal value of each share =Rs 100
Market value = Rs( 100 - 15 % of Rs 100) = Rs ( 100-15) = Rs 85
No. of shares purchased = `7225/85 = 85`
Face value of 85 shares =Rs 100 x 85 =Rs 8,500
Dividend = 12 %
Therefore, Annual Income = `(12 xx 8500)/100` = Rs 1020
Hence, percentage income
= `(1020 xx 100)/7225 = 140117 % = 14.12 %`
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