#### Question

A company gives x% dividend on its Rs. 60 shares, whereas the return on the investment in these shares is (x + 3) %. If the market value of each share is Rs. 50, find the value of x.

#### Solution

Nominal value of 1 share = Rs. 60

Market value of 1 share = Rs. 50

Dividend% = x%

Return% = (x+3)%

According to question

x% of Rs. 60 = (x+3)% of Rs. 50

⇒ `x/100 ×Rs. 60 = (x+3)/100 ×Rs. 50`

⇒ 60x = 50x + 150

⇒ 10x = 150

⇒ x = `150/10` = 15.

Is there an error in this question or solution?

Solution A Company Gives X% Dividend on Its Rs. 60 Shares, Whereas the Return on the Investment in These Shares is (X + 3) %. If the Market Value of Each Share is Rs. 50, Find the Value of X. Concept: Shares and Dividends Examples.