By investing Rs. 10,000 in the shares of a company, a man gets an income of Rs. 800, the dividend being 10%. If the face-value of each share is Rs. 100, find : The market value of each share.
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Step-by-step explanation:
(1) M.I = no of share x market value
10000 = 100 x market value
Market value = Rs 100 ans
(2) rate of return = annual income / investment x 100 percent
= 800/10000 x 100 percent
= 8 percent p. a ans
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