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A man buys Rs.25 shares in a company which pays 9% dividend. ...................... At what price did he buy the shares?

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A man buys Rs.25 shares in a company which pays 9% dividend. The money invested by the person is that much as given 10% on investment.
At what price did he buy the shares?

posted Oct 1, 2015 by Karan Joglekar

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1 Answer

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Rs. 22.50

Let share price = x
(25*9/100)=(x*10/10) --> x = 22.50 Rs.

answer Jul 30, 2018 by Hanifa Mammadov

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