Math, asked by ashih1862, 1 year ago

A man buys rupees 20 shares paying 9% dividend the man wants to have an interest of 12% on his money the market value of each share is

Answers

Answered by Anonymous
5

Answer:

=Rs 15

Step-by-step explanation:

Dividend on Rs. 20 = Rs. (9/100)x 20 = Rs.9/5.

Rs. 12 is an income on Rs. 100.

Rs.9/5 is an income on Rs.[ (100/12) x (9/5)] = Rs. 15.

(answer)

Answered by HEARTQUEENN
5
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