Question:
A man buys Rs. 25 shares in company which pays 9\(\%\) dividend. The money invested is such that it gives 10\(\%\) on investment. At what price did he buy the shares?
A man buys Rs. 25 shares in company which pays 9\(\%\) dividend. The money invested is such that it gives 10\(\%\) on investment. At what price did he buy the shares?
Updated On: Oct 16, 2024
- 22.5
- 28
- 30
- 25
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The Correct Option is A
Solution and Explanation
The correct answer is Option (A): 22.5
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