Aptitude - Stocks and Shares - Discussion
Discussion Forum : Stocks and Shares - General Questions (Q.No. 4)
4.
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:
Answer: Option
Explanation:
| Dividend on Rs. 20 = Rs. |  |
9 | x 20 |  |
= Rs. | 9 | . |
| 100 | 5 |
Rs. 12 is an income on Rs. 100.
 Rs. |
9 | is an income on Rs. | |
100 | x | 9 | |
= Rs. 15. |
| 5 | 12 | 5 |
Discussion:
16 comments Page 2 of 2.
Sugumaran said:
1 decade ago
How 12 Rs is an income on Rs. 100. Any one explain this problem?
Gowtham acharya said:
7 years ago
(((9/5)/market value)*20) = (20*12%) so market value will be 15.
Priyanka u said:
1 decade ago
Did not understand reliance problem please explain completely.
(2)
Zohaib said:
1 decade ago
20 * 9% = x * 12%.
1.8 = x * 12%.
1.8/12% = x.
15 = x.
1.8 = x * 12%.
1.8/12% = x.
15 = x.
Tanmay said:
4 years ago
I like this explanation. Thanks all for explaining.
Suriya said:
1 decade ago
Please any body explain this pblm?
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