an important question from the book -ML aggarwal( avichal publication)class 10th , chapter3, share and dividends .
a person gets a dividend of Rs 65 by investing Rs. 1430.
Find the market price of 5% Rs 100 share
Question no. 4, exercise 3, ML Publication, share and dividends
Giventhat:- amount of dividend = Rs. 65
And rate of dividend = 5%
Therefore total face value =
Amount of dividend *100/rate
=(65 × 100)/5
= Rs. 1300
If face value is Rs. 1300, then market value = Rs. 140
If face value is Rs. 100, then market value = (1430 × 100)/ 1300
= Rs. 110