What is the market price of a 9% share when a person gets 180 by investing Rs. 4000?
What is the market price of a 9% share when a person gets 180 by investing Rs. 4000?
QuestionWhat is the market price of a 9% share when a person gets 180 by investing Rs. 4000?
Typemultiple_choice
Option150incorrect
Option200correct
Option250incorrect
Option300incorrect
SolutionLet 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
quantitative aptitude
GkSeries Editor:
Related Post
  1. Sin⁶ + cos⁶ is equal to
  2. A vessel of 115 litres is filled with milk and water. 70% of milk and 40% of water is taken out of the vessel it is found that the vessel is
  3. What is the average of all the one digit, two digit and three digit natural numbers