Question
1.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
1.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 returnon his investment?
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Daniel G Short, George Kanaan, Maureen Sterling
6th Canadian edition
73208140, 1259105695, 978-1259105692
