a man buys rs 20 shares paying 9 dividend if the..., Rances & Games of Skill, General Mathematics

Question:A man buys Rs. 20 shares paying 9% dividend. If the man gets 6% interest on his money, the market value of each share is :

A Rs. 54 
B Rs. 30 
C Rs. 13.33 
D Rs. 10.80

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+ AnswerB

+ ExplanationDividend on each share` = Rs. (20 xx 9/100)`

                                   `= Rs. 1.80.`

To have an income of Rs. 6, investment = Rs. 100

To have an income of Rs. 1.80, investment

`= Rs. (100/6 xx 1.80)`

`= Rs. 30`

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