A man buys Rs.20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. T

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27 Jul 2016 Stock and Share

A man buys Rs.20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share must be

OPtion

1) Rs.12
2) Rs.24
3) Rs.15
4) Rs.26
5) Rs.31
6) Rs.19
7) Rs.18
8) Rs.32
9) Rs.21
10)None of these

Solution

Dividend on Rs.20 = Rs.(9/100* 20) = Rs.9/5
Rs.12 is an income on Rs.100
Therefore Rs.9/5 is an income of Rs. (100/12 * 9/5) = Rs.15

Option 3)

Correct Option: 3 Best Solution (12)

Sandip Das   8 years AGO

9% dividend on rs 20 shares=(9*20)/100
=9/5
now 12 rs income on 100 rs
9/5 rs income on (100*9)/(12*5)
=15

Like? Yes (3) | No   

Abhash Kumar   8 years AGO

Dividend on Rs. 20=9/100*20= Rs 9/5. And 12rs is an income on rs 100 so, Rs 9/5 is an income on 100/12*9/5= Rs . 15..

Like? Yes (1) | No   

Anchal jain   8 years AGO

dividend rs 20=(9/100*20)=rs 9/5
rs 12 income on 100 rs=(100/12)*9/5=15

Like? Yes (1) | No   

Aakash Beniwal   8 years AGO

dividend on Rs 20 = (9/100) * 20 = 9/5 Rs
Now Rs 12 is income on = Rs 100
9/5 is on = (100/12 * 9/5) = 15 Rs

Like? Yes (1) | No (1)  

DEVANSH SUBNANI   8 years AGO

Dividend on Rs. 20=(9/100*20)=Rs.9/5
Rs.12 is an income on Rs.100
Rs.9/5 is an income on Rs.(100/12)*(9/5)=Rs.15
Therefore,option (3) is the correct answer.

Like? Yes | No   

gayatri   8 years AGO

rs. 20= rs.(9/100*20)
=9/5
12 is income on100
then o 9/5 is (9*100)/(5*12)=15

Like? Yes | No   

Vipul kumar   8 years AGO

dividend on 20 =( 9/100 )×20 = 9/5
rs. 12 is an income on rs. 100
rs 9/5 is an income on (100/12) × (9/5 )=15

Like? Yes | No   

Sharfras Ahamed   8 years AGO

Let he buy share of rs.x,(20*9/100)=(x*12/100)
Therefore x=15
Answer 15

Like? Yes | No   

Akshat Mokashi   8 years AGO

Dividend on Rs. 20=(9/100)*20=Rs. 9/5
So
Rs. 12 is an income on Rs. 100
Rs. 9/5 is an income on Rs. (100/12*9/5)=Rs. 15

Like? Yes (1) | No (1)  

Subinraj   8 years AGO

DIvidend on Rs.20=(9/100)*20=9/5
Rs. 12 is an income of rs.100
Rs.9/5 is an income on rs(100/12) *9/5=Rs.15

Like? Yes | No (1)  

shaik jasmin   8 years AGO

dividend on Rs.20 is (9/100)*20=9/5
Rs 12 is an income on Rs 100
Rs 9/5 is an income on Rs (100/12*9/5)=15

Like? Yes | No (1)  

MRITUNJAY   8 years AGO

Dividend on Rs. 20 = Rs. 9 x 20 = Rs. 9 .
100 5
Rs. 12 is an income on Rs. 100.

Rs. 9 is an income on Rs. 100 x 9 = Rs. 15.

Like? Yes | No (1)