Question

17. What is the market price of a 9% share when a person gets 254 by investing Rs. 7800?
273
275
270
276​

Answer 1

Answer:

Step-by-step explanation:

273

Answer 2

Correct Question

What is the market price of a %9 share when a person gets dividend of Rupees 254 by investing amount Rupees 7800?

Options:

(a). Rs.273

(b). Rs.275

(c).Rs.270

(d).Rs.276.37

Answer:

The  market price of each share is  Rupees 276.37  and option (d) is correct.

Step-by-step explanation:

Given:

Total investment =Rupees 7800.

Rate of dividend = %9.

Dividend = Rupees 254.

To Find:

The  market price of  each share.

Formula Used:

$Market \ Value\ of \ each \ share =\frac{(Investment \times Rate\ of \ dividend)}{Dividend}$

Solution:

$Market \ Value\ of \ each \ share =\frac{(Investment \times Rate\ of \ dividend)}{Dividend}$

                                               $=\frac{(7800 \times 9)}{254}$

                                               $= \frac{70200}{9}$

                                                $= Rupees\ 276.37$                                                                                          

Thus, the market price of each share is  Rupees 276.37 and option (d) is correct.