NumericalModerate1.5 marks
11(c)
Ashok invested Rs. 26,400 on 12%, Rs. 25 shares of a company. If he receives a dividend of Rs. 2,475. Find the :
Market value of each share
Topic: Shares, dividend and return
Previous-year question practice database
Answer
Exam answer
Market valueof eachshare= = ₹32
Explanation
Market valueof eachshare= = ₹32 Numberof sharesbought 825
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