Quantitative Aptitude :: Stocks and Shares - Discussion
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Find the annual income derived from Rs. 2500, 8% stock at 106?
Asked In ::
30 Apr, 2019 3:08 PM
Face value of all shares, F.V = Rs. 2500
We know that the annual income or the dividend is calculated on the Face Value(F.V).
Therefore, Annual Income = Dividend on all shares = Rs. ( 8 / 100 ) x 2500
= Rs. 200
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