A man buys Tk. 50 shares in a company which pays 10% dividend. If the man gets 12.5% on his investment, at what price did he buy the shares?
Tk. 37.50
Tk. 40
Tk. 48
Tk. 52
Description (বিবরণ) :
প্রশ্ন: A man buys Tk. 50 shares in a company which pays 10% dividend. If the man gets 12.5% on his investment, at what price did he buy the shares?
ব্যাখ্যা:
Hints: Dividend on 1 share = (50×10%) Tk
= 50 ×(10/100) = 5 Tk.
Tk. 12.5 is an income on an investment of Tk. 100
Tk. 5 is an income on an investment of Tk (100×5) / 12.5 = 40
Related Question
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 :
Tk. 12
Tk. 18
Tk. 15
Tk. 21
None of them
