By investing Rs 45,000 in 10% Rs 100 shares, Shared gets Rs 3,000 as dividend. Find the market value of each share.

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Solution

Investment=45000
Rate of dividend=10%
Nominal value=100
Annual dividend=3000
Let market value be ₹x
So,no. Of shares=45000/x
Income=no.of shares×nominal value×rate of dividend
So,3000=45000/x × 10/100 ×100
x=450000/3000
=150
So the market value of each share is ₹150.

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By investing Rs 45,000 in 10% Rs 100 shares, Shared gets Rs 3,000 as dividend. Find the market value of each share.

Investment=45000 Rate of dividend=10% Nominal value=100 Annual dividend=3000 Let market value be ₹x So,no. Of shares=45000/x Income=no.of shares×nominal value×rate of dividend So,3000=45000/x × 10/100 ×100 x=450000/3000 =150 So the market value of each share is ₹150.

Investment=45000
Rate of dividend=10%
Nominal value=100
Annual dividend=3000
Let market value be ₹x
So,no. Of shares=45000/x
Income=no.of shares×nominal value×rate of dividend
So,3000=45000/x × 10/100 ×100
x=450000/3000
=150
So the market value of each share is ₹150.