Question

Find the market price of 5% rupees 100 share when a person gets a dividend of rupees 65 by investing rupees 1430

Answer 1

Answer:

Rs.110

Step-by-step explanation:

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 ✔️