What is the market price of a 9 share when a person gets 180 by investing Rs 4000 ........

Quantitative Aptitiude (CLAT) Profit and loss

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What is the market price of a 9% share when a person gets 180 by investing Rs. 4000?

150

200

250

300

Explanation:

Let the face value of the share = Rs. 100
Dividend per share = 9
As per the question, an income of Rs. 180 is obtained from an investment of Rs. 4000.
So, an income of Rs. 9 is obtained from an investment of Rs. = (4000/180) * 9 = 200
So, the market price of the share = Rs. 200