Question

Question--->A man buys a Rs 40 shares in a company,which pays 10% dividend. He buys the share at such a price that his profit is 16% on his investment. At what price did he buy the share?Don't Spam....needed appropriated answer

Answer 1

Answer:

man buys a Rs 40 shares in a company,which pays 10% dividend. He buys the share at such a price that his profit is 16% on his investment. At what price did he buy man buys a Rs 40 shares in a company,which pays 10% dividend. He buys the share at such a price that his profit is 16% on his investment. At what price did he buy the share? share?

200 shares of a company at par value of rupees 10 each ,which pays 8% dividend ,at such price that he gets 10%on his investment