Aptitude - Stocks and Shares - Discussion
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Read more:"Forgiveness is a virtue of the brave."
- Indira Gandhi
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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:
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| [A]. |
Rs. 12 | [B]. |
Rs. 15 | | [C]. |
Rs. 18 | [D]. |
Rs. 21 |
Answer: Option D
Explanation:
| Dividend on Rs. 20 = Rs. |
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9 |
x 20 |
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= Rs. |
9 |
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| 100 |
5 |
Rs. 12 is an income on Rs. 100.
 Rs. |
9 |
is an income on Rs. |
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100 |
x |
9 |
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= Rs. 15. |
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12 |
5 |
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Suriya said:
(Mon, May 16, 2011 04:08:01 AM)
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| Please any body explain this pblm? |
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Sugumaran said:
(Mon, Aug 8, 2011 09:52:00 PM)
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| How 12 Rs is an income on Rs. 100. Any one explain this problem? |
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Balakumar said:
(Sun, Sep 11, 2011 10:30:01 PM)
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| He ask from 12% of the money. So you have assume for the amount 100. Because % means 100. |
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