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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?
Let share price = x
(25*9/100)=(x*10/10) --> x = 22.50 Rs.
A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money.
What is the market value of each share ?
A man wishes to invest Rs 2490. He invests Rs 900 in 7/2% stock at 75 , Rs 850 in 3% at 68 and the remainder in 6% stock. If the total yield from his investment in 5% , at what price does he buy the 6% stock?
A man borrows Rs 6000 at 10% rate of interest compounded annually. He pays back Rs 2000 at the end of each year to clear his debt. The amount that he should pay to clear all his dues at the end of third year is
Ahaan bought a mobile with 25% discount on the labeled price.
He sold the mobile for Rs 3200 with 20% profit on the labeled price.
At what price did he buy the mobile?
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