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    Question

    Find the market price of 5% Rs. 100 share when a person

    gets a dividend of Rs. 65 by investing Rs. 1,430.
    A 130 Correct Answer Incorrect Answer
    B 120 Correct Answer Incorrect Answer
    C 160 Correct Answer Incorrect Answer
    D 150 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    We are given: Dividend received = Rs. 65 Investment = Rs. 1,430 Nominal value of each share = Rs. 100 Dividend rate = 5% Market price per share = x (to find) Dividend per share=5% of 100=5 Rs. Therefore, Number of Shares a

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