Question

The price of 9%share with face value R's. 100,that gives 12%income ​

Answer 1

Answer:

Step-by-step explanation:

Rs. 75

Step-by-step explanation:

Use the formula

Div% of F.V = Return % of M.V.

here M.V. is market value

F.V. is the face value or nominal value = Rs. 100

Div% is the dividend percent = 9%

Return% or the income percent = 12%