Ajay bought an equity share whose face value is Rs.10 for Rs.250 and earned 50% dividend in

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Ajay bought an equity share whose face value is Rs.10 for Rs.250 and earned 50% dividend in

year 1, 60% dividend in year 2, and sold it off after three years for Rs.300. What is the return

on his investment?

Posted Date: May 13, 2024 06:35 AM

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Ajay bought an equity share whose face value is Rs.10 for Rs.250 and earned 50% dividend in

Question:

Expert Answer:

To calculate the return on Ajays investment we need to consider the purchase price ... View the full answer

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