Vishwanath
Saturday, February 16, 2013
13. | A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:
|
|
Answer: Option B
Explanation:
Dividend on Rs. 20 = Rs. |
| 9 | x 20 |
| = Rs. | 9 | . |
100 | 5 |
Rs. 12 is an income on Rs. 100.
Rs. | 9 | is an income on Rs. |
| 100 | x | 9 |
| = Rs. 15. |
5 | 12 | |
Title : Stocks And Shares Q13
Description : 13. A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is: A...
Rating : 5
