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