Discussion :: Stocks and Shares
- A man buys Rs. 25 shares with 9% dividend. The man wants to have an interest of 15% on his money. Find the market value of each share?
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Answer : Option D
Explanation :
Face value of each share = Rs. 25
Dividend per share = 9% of 25 = 9/100 * 25 = 225/100
The man wants to earn an interest of 15% on his money:
So, money paid for a share *
So, the market value of the share is Rs. 15
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