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Answer: Rate of return = \(\dfrac{35}{6}\% \approx 5.83\%\)

Investment = number of shares × M.V. = 150 × 120 = ₹ 18,000.

Dividend on one share = 7% of F.V. = \(\dfrac{7}{100} \times 100\) = ₹ 7.

Total dividend = 150 × 7 = ₹ 1,050.

Rate of return \(= \dfrac{\text{total dividend}}{\text{investment}} \times 100 = \dfrac{1050}{18000} \times 100 = \dfrac{35}{6}\% \approx 5.83\%\).

Doubtly AI · 25 Oct 2026 AI-verified · Oct 2026 Report
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