this is an important question because it has been asked in 2001 and has a high chances of coming in the future exams.
the book -ML aggarwal( avichal publication)class 10th , chapter3, shares and dividends
we have the information that A man invests Rs 8800 on buying shares of face value of rupees hundred each at a premium of 10%.
he earns Rs 1200 at the end of year as dividend,
so please solve question for two sub-questions (i) The number of shares he has in this company (ii) The dividend percentage per share.
.Q no. 12 , exercise 3, ML Publication, share and dividends