a man buys 75,rs 100 shares of a company which pays 9 %divident .he buys shares at such aprice tht he gets 12% of his money .at wht price did he buy his shares..
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he gets on each share Rs.9/-
This is equal to 12%
It means his investment per share is
(100X9)/12 = 75
There is no meaning of how many shares he has bought.
Answer is --- he buys Rs. 100 SHARE IN Rs. 75 EACH SHARE.
This is equal to 12%
It means his investment per share is
(100X9)/12 = 75
There is no meaning of how many shares he has bought.
Answer is --- he buys Rs. 100 SHARE IN Rs. 75 EACH SHARE.
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