Stocks and Shares Practice Test 2

Question : 13 of 36

Marks: +1, -0

Saurabh buys Rs. 50 shares in a company which pays 10% dividend. If he gets 12.5% on his investment, at what price did he buy the shares?

Solution:

Cost of 1 share =

{50 ×10}/ 12.5

= Rs. 40

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