Question

Ashok invested rs.26,400 on 12% , 25 shares of a company . If he recieves a dividend of rs.2475 , find
(a) No. of shares
(b) market value of each share

Answer 1

Hii,
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Let number of shares be x.
N.V. of x shares = 25x .
Dividend = 25x * 12 / 100
2475= 3x
x = 825 .
No. of shares = 825 .

(b) Market value = investment /no. of shares 
=  26400/825
= 32 rs.
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HOPE IT HELPS.