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At what price should a 6.25% Rs. 100 shares be quoted when the money is worth 5%? - Mathematics

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प्रश्न

At what price should a 6.25% Rs. 100 shares be quoted when the money is worth 5%?

योग

उत्तर

Interest on Rs. 100 worth = Rs. 5
If interest is Rs. 5, then market value = Rs. 100
and if interest is Rs. 6.25, then market value

= `(100)/(5) xx 6.25`

= `(100 xx 625)/(5 xx 100)`
= 125
Market value of each share = Rs. 125.

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अध्याय 3: Shares and Dividends - Exercise 3.1

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एमएल अग्रवाल Understanding ICSE Mathematics [English] Class 10
अध्याय 3 Shares and Dividends
Exercise 3.1 | Q 30

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