What is the market price of a 9% share when a person gets 180 by investing Rs. 4000?
| Question | What is the market price of a 9% share when a person gets 180 by investing Rs. 4000? | |
| Type | multiple_choice | |
| Option | 150 | incorrect |
| Option | 200 | correct |
| Option | 250 | incorrect |
| Option | 300 | incorrect |
| Solution | 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 | |