Question

pardeep buys 1000 shares of par value of Rs 10 each of a company which pays annual dividend of 15% at such a price that he gets 5% on his investment find the market value of a share

Answer 1

HEY DEAR ...

1000×10=10000

10000×15/100= 1500
but A/q
5%= 1500
1%=1500/5
100%=1500×100/5=30000
so market value of each share = 30000/1000=30

HOPE , IT HELPS ...