what is the market price of a 9% share when a person gets 180 by investing rs 1200?
Answers
Answer:
Let the face value of the share = Rs. 100
Dividend per share = 9
As per the question, an income of Rs. 180 is obtained from an investment of Rs. 4000.
So, an income of Rs. 9 is obtained from an investment of Rs. = (4000/180) * 9 = 200
So, the market price of the share = Rs. 200
May I help you from my answer
The market price of a 9% share is Rs. 60.
Step-by-step explanation:
Given:
A person gets 180 by investing rs 1200.
The market price of a 9% share.
To Find:
The market price of a 9% share.
Formula Used:
------ equation no.01.
Solution:
As given-A person gets 180 by investing rs 1200.
Investment Amount= Rs.1200
Obtained Amount=Rs.180
As given-the market price of a 9% share.
Dividend = Rs.9
Applying formula no.01.
Thus,the market price of a 9% share is Rs. 60.
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