InterviewSolution
Saved Bookmarks
| 1. |
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» 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 5 | |