by investing ₹11440in a company paying 10% dividend, an annual income of ₹520 is recived . What is the market value of each₹50 share. can you solve this plz
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Step-by-step explanation:
Investment=11,440
let no. of shares be x
10/100 × 50 × x= 520
x=104
therefore, mv of each share = 11440/104=10
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