Waec Model Questions Vol1 2025 Commerce Question 39
Practice objective / multiple choice question 39 from the 2025 Waec Model Questions Vol1 Commerce examination.
An investor buys 200 shares of Company A at ₦1,250 each. After six months the share price rises to ₦1,480 and the company declares a dividend of ₦45 per share, payable at the end of the month. The investor receives the dividend and then sells all shares. Capital gains tax is 10% of the profit on the sale and dividend tax is 5% of the dividend received. What is the investor's net return in naira and the overall percentage return on the initial investment?
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This is Waec Model Questions Vol1 2025 Commerce Question 39. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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