X invested ₹21,000 in shares of a company five years back. During this tenure, he received dividend of ₹2,100 and ₹1,800 during 1 st and 4 th year. The current market value of his investment is ₹40,100. The total investm
CS Executive · Financial and Strategic Management · PYQS · December 2022
X invested ₹21,000 in shares of a company five years back. During this tenure, he received dividend of ₹2,100 and ₹1,800 during 1 st and 4 th year. The current market value of his investment is ₹40,100. The total investment return of X is: (A) 18.57% (B) 3.71% (C) 109.52% (D) 90.95%
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Financial Management
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