Question

By investing Rs 45000 in 10% Rs 100 shares, and get Rs 3000 as dividend. Find the market value of the share.

• A. Rs 130
• B. Rs 120
• C. Rs 180
• D. Rs 150

Answer 1

The correct option is D

Rs 150

N.V = Rs 100

Dividend = 10%

Investment = Rs 45000

Dividend = Rs 3000

Dividend = No. of shares $\times$ Dividend % $\times$ N.V

3000 = No. of shares $\times \frac{10}{100}\times 100$

No. of shares he bought = 300

Investment = M.V $\times$ No. of shares

M.V $=\frac{Investment}{No.ofshares}$

$M.V=\frac{45000}{300}=Rs.150$