1.

A person invests Rs. 15,000 in Rs. 50 shares of a company paying 10% dividend. If the company pays a dividend of Rs. 6250, the market value of each share is ___________.

Answer»

Rs. 8
Rs. 10
Rs. 12
Rs. 7

Solution :(i) RATE of return `=("ANNUAL income")/("Total investment")xx100`
(II) By using the FOLLOWING formula find `MV`. Use, `FVxx` Rate of dividend `=MVxx` Rate of return.


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