Math Problem Statement
- A man invested Rs. 1500 in a stock at 95 to obtain an income of Rs. 130. What is the dividend from the stock?
Solution
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Math Problem Analysis
Mathematical Concepts
Dividend Calculation
Stocks
Income and Investment
Formulas
Dividend Percentage = (Income / Investment) × 100
Number of Shares = Investment / Stock Price
Dividend per Share = Income / Number of Shares
Theorems
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Suitable Grade Level
Grades 9-12
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