ICSE Class X Math 2016 Solved Paper

Ashok invested ₹ 26,400 on $12 \%$ , ₹ 25 shares of a company. If he receives a dividend of $₹$ 2,475 , find the :

Question : 57 of 57

Marks: +1, -0

Market value of each share.

Solution:

\;\text " Market value "\;\;=\;{\;\text " Investment "\;}/{\;\text " No. of shares "\;}

\;=₹ \;{26,400}/{825}

\;=₹ 32

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