A man buys 20 shares (per value rs.10) of a company which pays 9%dividend at such a price that he gets 12% on his money. Find the market value of each share.

Plz solve it using the formulas of shares and dividends and not by unitary method so that I can understand 🙏🙏🙏

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Solution

Explanation:

Dividend on Rs. 20 = Rs. (9/100)x 20 = Rs.9/5.

Rs. 12 is an income on Rs. 100.

Rs.9/5 is an income on Rs.[ (100/12) x (9/5)] = Rs. 15.

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A man buys 20 shares (per value rs.10) of a company which pays 9%dividend at such a price that he gets 12% on his money. Find the market value of each share. Plz solve it using the formulas of shares and dividends and not by unitary method so that I can understand 🙏🙏🙏

Explanation: Dividend on Rs. 20 = Rs. (9/100)x 20 = Rs.9/5. Rs. 12 is an income on Rs. 100. Rs.9/5 is an income on Rs.[ (100/12) x (9/5)] = Rs. 15.

A man buys 20 shares (per value rs.10) of a company which pays 9%dividend at such a price that he gets 12% on his money. Find the market value of each share.

Plz solve it using the formulas of shares and dividends and not by unitary method so that I can understand 🙏🙏🙏

Explanation:

Dividend on Rs. 20 = Rs. (9/100)x 20 = Rs.9/5.

Rs. 12 is an income on Rs. 100.

Rs.9/5 is an income on Rs.[ (100/12) x (9/5)] = Rs. 15.