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At what price should a 9% Rs 100 share be quoted when the money is worth 6% ? - Mathematics

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प्रश्न

At what price should a 9% Rs 100 share be quoted when the money is worth 6%?

योग
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उत्तर

If interest is 6 then investment = Rs. 100
and if interest is 9, then investment

= Rs. `(100 xx 9)/(6)`
= Rs. 150
Market value of each share = Rs. 150

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अध्याय 3: Shares and Dividends - Chapter Test

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एमएल अग्रवाल Understanding Mathematics [English] Class 10 ICSE
अध्याय 3 Shares and Dividends
Chapter Test | Q 4
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