Subject

    Bank Exam

    Topic

    Janata Bank 2012 Executive Officer(EO)

    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 12
    খ)
    tk 18
    গ)
    tk 15
    ঘ)
    tk 21

    Explanation

    Dividened of tk 20 = tk (20x 9/100) =tk 9/5 an interest of 12%, he gets tk 12 from 100 tk he gets 9/5 tk from 100*9/(5*12) tk =15

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