Mrs karuna invested some amount in buying Rs. 120 shres of a company which pays a dividend at the rate of 10% per annum. If she gets back 8% per annum on her investment, then the value at which she bought the shares is _________.A. Rs. 100B. Rs. 150C. Rs. 180D. Rs. 120

Mrs karuna invested some amount in buying Rs. 120 shres of a company w

1.	Mrs karuna invested some amount in buying Rs. 120 shres of a company which pays a dividend at the rate of 10% per annum. If she gets back 8% per annum on her investment, then the value at which she bought the shares is _________.A. Rs. 100B. Rs. 150C. Rs. 180D. Rs. 120
Answer» Correct Answer - B Rate of dividend `xx FV=` Rate of return `xxMV` `10xx120=8xx` Market value `:.` Market value `= Rs. 150`

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Mrs karuna invested some amount in buying Rs. 120 shres of a company which pays a dividend at the rate of 10% per annum. If she gets back 8% per annum on her investment, then the value at which she bought the shares is _________.A. Rs. 100B. Rs. 150C. Rs. 180D. Rs. 120

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