Menu
Home / Arithmetic Aptitude / Stocks and Shares :: Discussion

Discussion :: Stocks and Shares

  1. Suresh buys 100 shares of par value Rs. 7 each, of a company, which pays an annual dividend of 12% at such a price that he gets 10% on his investment. What is the market value of the share?

    2. A.
    Rs. 8.4
    B.
    Rs. 6.4
    C.
    Rs. 7.4
    D.
    Rs. 9.4

    View Answer

    Workspace

    View Answer

    Answer : Option A

    Explanation :

    The face value of each share = Rs. 7
    Total dividend received = 100 * 7 * = 84

    Let the market value of 100 shares = x
    x * = 84

    x = 840
    Now, the market value of 100 shares = 840
    So, the market value of single share = Rs.8.4

Write your comments here:

Be The First To Comment