answer.......
correctly........
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Answer:
number of shares = 500
nominal value = 120/-
D%=15%
D= (15÷100.) ×120.× 500
=15 ×12× 50
= 9000/-
D(Sharma ) = (15÷ 100)×120×80
=15×12×8
=1440/-
Investment = 500×120
=60000/-
P%=(1440/investment)×100
10=144000/investment
investment=144000/10
investment=14400/-
investment=market value × number of shares
market value= investment/number of shares
market value=14400/80
market value = 180/-
It is a board paper question (2020)
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