a man buys rs 25 shares in a company which pays, Rances & Games of Skill, General Mathematics

Question:A man buys Rs. 25 shares in a company which pays 9% dividend. The money invested is such that it gives 10% on investment. At what price did he buy the shares ?

Answer Suppose he buys each share for Rs. x.

Then, $(25 xx 9/100) = (x xx 10/100) or x = 22.50.$ 

:. Cost of each share = Rs. 22.50.

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A man buys Rs. 25 shares in a company which pays 9% dividend. The money invested is such that it gives 10% on investment. At what price did he buy the shares ?

Question:A man buys Rs. 25 shares in a company which pays 9% dividend. The money invested is such that it gives 10% on investment. At what price did he buy the shares ?

Answer Suppose he buys each share for Rs. x. Then,(25×9100)=(x×10100)orx=22.50. (25 xx 9/100) = (x xx 10/100) or x = 22.50. :. Cost of each share = Rs. 22.50.

Answer Suppose he buys each share for Rs. x. Then, $(25 xx 9/100) = (x xx 10/100) or x = 22.50.$ :. Cost of each share = Rs. 22.50.