Plz solve......................
Find the market price of 5% ₹100 share when a person gets a dividend of ₹65 by
investing ₹1430.
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Usually, if face value of a share is not mentioned then assume it to be Rs 100.
Use the formula for dividend given below.
Dividend = (Investment / M.V.) * (r / 100) * N.V.
=> 65 = (1430 / M.V.) * (5 / 100) * 100
=> M.V. = (1430 * 5) / 65
=> M.V. = 1430 / 13
=> M.V. = Rs. 110 ===> (Ans)
please mark this the brainliest answer
Use the formula for dividend given below.
Dividend = (Investment / M.V.) * (r / 100) * N.V.
=> 65 = (1430 / M.V.) * (5 / 100) * 100
=> M.V. = (1430 * 5) / 65
=> M.V. = 1430 / 13
=> M.V. = Rs. 110 ===> (Ans)
please mark this the brainliest answer
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