CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
2
You visited us 2 times! Enjoying our articles? Unlock Full Access!
Question

A man buys 75, Rs. 100 shares of a company that pays a 9 percent dividend. He buys shares at such a price that he gets 12 percent of his money. At what price did he buy the shares?

A
65
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
75
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
60
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
None of these
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Join BYJU'S Learning Program
CrossIcon