A man buys Rs. 25 shares in company which pays 9% dividend. The money invested is such that it gives 10% on investment. At what price did he buy the shares?

A man buys Rs. 25 shares in company which pays 9% dividend. The money

1.	A man buys Rs. 25 shares in company which pays 9% dividend. The money invested is such that it gives 10% on investment. At what price did he buy the shares?
A.	Rs. 20.70
B.	Rs. 21.80
C.	Rs. 22.50
D.	Rs. 24.60
Answer» D. Rs. 24.60

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A man buys Rs. 25 shares in company which pays 9% dividend. The money invested is such that it gives 10% on investment. At what price did he buy the shares?

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