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Kiran bought Rs.10 shares of a company. He received a rate of return which was one-third of the dividend rate he received. Market value of each share is _________. (in Rs.)A. 10B. `(10)/(3)`C. 30D. 15 |
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Answer» Correct Answer - C (i) Find the annual dividend from each share. (ii) First of all, find the market value of each share. (iii) Use, `"FV"xx"RD"="MV"xx"RR"`. |
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