Mr. Anil purchased 200 Shares of JKL Ltd. @ 200/- each (Face Value 5 per share) and paid brokerage @ 1.50% on 01-01-2009. On 17-07-2010 the company declared Bonus Shares in the ratio of 1:1. He received no dividend on these shares in 2009. But on 24-12-2010 the company paid dividend @ 40% dividend. He sold all the shares at 150/- each on 31-12-2010 and paid brokerage of 1,200/-. What is the yearly rate of return on his investment?
Rate the quality of the investment as a Investment Consultant. (MU, BMS, Oct. 2011)
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