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At what price should a 6.25% Rs. 50 share be quoted when the money is worth 10%? - Mathematics

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प्रश्न

At what price should a 6.25% Rs. 50 share be quoted when the money is worth 10%?

योग

उत्तर

Interest on Rs. 100
worth = Rs. 10
If the interest is Rs. 10, then market value = Rs. 100
and if interest is Rs. 6.25, then market

value = `(50 xx 6.25)/(10)`

= `(50 xx 625)/(10 xx 100)`

= Rs. 31.25.

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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 31

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