A Man Buys Rs. 20 Shares Paying 9% Dividend. the Man Expects to Have an Interest of 12% on His Money. - Mathematics


Choose the most appropriate option:

A man buys Rs. 20 shares paying 9% dividend. The man expects to have an interest of 12% on his money. The market value of each share is:


  • Rs. 12

  • Rs.15

  • Rs. 21

  • Rs. 18



Rs. 15


Let the market value of share be x.

∴ 12% of x = 9% of 20.

∴ x = 15

Concept: Percentage, Discount and Partnership (Entrance Exam)
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2015-2016 (May) Set 1


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