A share of nominal value ₹100 is purchased for ₹120 The company declares a dividend of 15% on the - Maths - Commercial Mathematics

Question

A share of nominal value ₹100 is purchased for ₹120 The
company declares a dividend of 15% on the share If the rate of
return (in %) is x, find the value of 2x

Gursheen Kaur · Accepted Answer

A share of nominal value ₹100 is purchased for ₹120. The company declares a dividend of 15% on the share. If the rate of return (in %) is x, find the value of 2x.