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Example - 1. A man invests Rs. 4,800 in shares of a company which was paying 8% dividend at the time when a Rs. 100 share costs Rs. 160. Find

1. His annual income from the shares.
2. The rate of interest he gets on his investment.

Solution : Investment = Rs. 4,800

Face value = Rs. 100

Market value = Rs. 160

Rate of dividend = 8%

(i) Annual income = Rs. 240
(ii) By investing Rs. 4,800 earning is Rs. 240