Question

find the market price of 5% Rs 100 share when a person gets a dividend of Rupus 65 by investing Rs 1430 .​

Answer 1

Answer:

Rs 110

Step-by-step explanation:

given- rate of dividend= 5%

face value= Rs 100

Dividend=  Rs 65

Investment= Rs 1430

solution- let no. of shares bought be x

⇒ dividend= (no. of shares× rate of dividend×face value)/100

⇒65= (n× 5×100)/100

⇒n= 13

investment= no. of shares×market value

⇒market value= 1430/13

market value= Rs 110

hope this helps :)

Answer 2

Given:

Dividend = Rs. 65

Rate of dividend = 5%

Solution:

Face value = (65 × 100)/5

= Rs. 1300

If face value is Rs. 1300, then market value = Rs. 140

If face value is Rs. 100, then market value = (1430 × 100)/ 1300

Answer:

= Rs. 110 Ans