A) Rs.58.57
B) Rs.48.75
C) Rs.38.32
D) Rs.52.25
E) None of these
Correct Answer: B
Solution :
Dividend on one share\[=\frac{12}{100}\times 65\] = Rs. 7.8 Rs. 16 is the income on the investment of Rs. 100. \[\therefore \] Rs. 7.8 is the income on the investment of \[=\frac{100}{16}\times 7.8=Rs.48.75\] \[\therefore \]Cost of one share = Rs. 48.75You need to login to perform this action.
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