Question

Akshay buys 350 shares of ₹50 par value of a company. The dividend declared by the company is 14%. If his return percent from the shares is 10%, find the market value of each share.

विकल्प

• ₹55

• ₹60

• ₹65

• ₹70

Answer 1

₹70

Explanation:

Dividend per share = 14% of ₹50 = ₹7.

At a 10% return, market value = (₹7 ÷ 10) × 100 = ₹70; the other options give a different return.