Mathematics
Medium
Question
A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:_________?
A
12
B
15
✓ Official correct answer
C
18
D
20
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
12
No member explanations yet for this option.
B
15
No member explanations yet for this option.
C
18
No member explanations yet for this option.
D
20
No member explanations yet for this option.