Question

by investing ₹11440in a company paying 10% dividend, an annual income of ₹520 is recived . What is the market value of each₹50 share​

Answer 1

Answer:

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Answer 2

Answer:

Step-by-step explanation:

total investment=11440 rupees

dividend=10%

annual income=520 rupees

nominal value=50 rupees

= suppose he purchased x shares

 face value of x shares= 50 x

       dividend=50 x *10/100=5 x

  then, 5 x = 520

               x = 104

market value = total investment/number of shares bought

                      =    11440/104= rupees 110

   

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