Question

What is the market price of a 9% share when a person gets 180 by investing Rs.4000

Answer 1

Considering:

Let us consider the face value (NV) = Rs. 100

Given data:

• The person gets Rs. 180 by investing Rs. 4000

To find: The market price of 9% share = ?

Solution:

• Since the share is 9%, the dividend per share is Rs. 9

∴ the required market price of 9% share is

= ( investment / obtained ) * dividend

= Rs. ( 4000 / 180 ) * 9

= Rs. 200