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ICSE Class X Math 2018 Paper

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Question : 14 of 32
Marks: +1, -0
A man invests ₹ 22,500\text{₹ 22,500} in ₹ 50\text{₹ 50} shares available at 10%10 \% discount. If the dividend paid by the company is 12%12 \%, calculate:
(i) The number of shares purchased
(ii) The annual dividend received.
(iii) The rate of return he gets on his investment. Give your answer correct to the nearest whole number.
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