Subject
Quantitative Aptitude
Topic
Percentage
A man buys Tk. 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 man buys Tk. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:
ক)
Tk. 12খ)
Tk. 15গ)
Tk. 18ঘ)
Tk. 21Explanation
Dividend on Tk. 20 = Tk. (9/100) x 20 = Tk. 9/5. Tk. 12 is an income on Tk. 100. So, Tk. 9/5 is an income on Tk.(100/12) x (9/5) = Tk. 15.Related questions
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