Dec 21, 2020 12.14.pdf * FlexiQuiz - IndiaMART Aptitude X
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IndiaMART Aptitude Test
6. What is the market price of a 9% share when a person gets 100 by investing Rs. 4600?
270
0 265
0 250
E 276
Answers
Answered by
2
Answer:
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Answered by
1
Answer:
414
Explanation:
Let the face value of the share = Rs. 100
Dividend per share = 9
As per the question, an income of Rs. 100is obtained from an investment of Rs. 4600.
So, an income of Rs. 9 is obtained from an investment of Rs. = (4600/100) * 9 = 414
So, the market price of the share = Rs. 414
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