Mathematics
Medium
Question
A man buys Rs. 50 shares in a company which pays 10% dividend. If the man gets 12.5% on his investments, at what price did he buy the shares?
A
Rs.40
✓ Official correct answer
B
Rs.37.50
C
Rs.48
D
Rs.52
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A
Rs.40
No member explanations yet for this option.
B
Rs.37.50
No member explanations yet for this option.
C
Rs.48
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D
Rs.52
No member explanations yet for this option.