Mathematics
A company declared a dividend of 14%. Find the market value of ₹50 shares if the return on the investment was 10%.
Shares & Dividends
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Answer
Let the market value of 1 share be ₹x
Dividend on 1 share of ₹50 = 14% of ₹50 = ₹7
As per the given,
∴ Market Value of each ₹50 share = ₹70
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