find the market price of 5% ₹100 share when a person gets a dividend of ₹65 by investing ₹1430.
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SOLUTION
Divided = Number of shares ×F.V× rate
Now let the F.V be 100
so 65= 5/100 × 100×number of shares
Number of shares =13
Investment= market Price× no.of shares
=) 1430= 13× M.P.
So, market price will come to Rs.110
hope it helps ✔️
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