A man buys 250 , ten-rupee shares each at ₹ 12.50 . If the rate of dividend is $7 \%$, find the: percentage return on his investment.
Explanation
To find the percentage return on investment, we need to find the total return and then divide it by the initial investment. The dividend received annually is 175 rupees. The initial investment is 250 * 12.5 = 3125 rupees. Therefore, the percentage return on investment is (175 / 3125) * 100 = 5.6%.
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