What is the market value of 9/2% (₹100) share, when an investment of ₹1800 produces an income of ₹72market
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Answer:
M.V. of one share=₹112.50
Step-by-step explanation:
investment=₹1800
rate of income per share=9/2%
total income=₹72
if income is ₹72,then investment=₹1800
if investment is ₹9/2
investment=[1800/92]*[9/2]
=₹112.50
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