Mathematics
Medium
Question
A man buys Rs. 25 shares in a company which pays 9% dividend . The money invested is such that it gives 10% on investment. At what price did he buy the shares?
A
Rs.22
B
Rs.22.50
✓ Official correct answer
C
Rs.25
D
Rs.22.50
Community credibility
Registered members can vote for the answer they believe is correct today and explain why. If the facts change after an election or news event, suggest a new option so others can vote it up.
A
Rs.22
No member explanations yet for this option.
B
Rs.22.50
No member explanations yet for this option.
C
Rs.25
No member explanations yet for this option.
D
Rs.22.50
No member explanations yet for this option.