Question 37
EasyOriginal questionAn investor buys 50 shares at ₹240 each. During the year the company pays a dividend of ₹6 a share, and at the end of the year the investor sells all 50 shares at ₹252 each.
What is the investor's capital gain on the 50 shares?
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
Each share gains rupees.
rupees.
Worth noting
₹900 adds the dividends, which are income, not a capital gain.
- Concept
- Capital gain
- Typical timeTypical
- 90 s
- Your timeYours
- —
Practise this chapter →
Ten questions from EMI, CAGR & Depreciation, at your own pace.