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A man buys a 80rs share in a company whi...

A man buys a `80rs` share in a company which pays `20%` dividend. He buys the share at such a price that his profit is `16%` on his investment. At what price did he buy the share ?

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Verified by Experts

The correct Answer is:
`100rs`
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ICSE-SHARES AND DIVIDENDS-Exercise 3(C )
  1. A man buys a 80rs share in a company which pays 20% dividend. He buys ...

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  2. By investing 45000rs in 10% 100rs shares, Shared gets 3000rs as divide...

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  3. Mrs. Kulkarni invests 131040rs in buying 100rs shares at a discount of...

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  4. A man invests a certain sum in buying 15% 100rs shares at 20% premium....

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  5. Gagan invested 80% of his savings in 10% 100rs shares at 20% premium a...

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  6. Ashwarya bought 496, 100rs shares at 132rs each. Find (i) investment...

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  7. Gopal has some 100rs shares of company A, paying 10% dividend. He sell...

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  8. A man invests a certain sum of money in 6% hundread rupee shares at 12...

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  9. Mr. Gupta has a choice to invest in ten-rupee shares of two firms at 1...

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  10. Ashok invested 26400rs in 12% , 25rs shares of a company. If he receiv...

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  11. A man invested 45000rs in 15% 100rs shares quoted at 125rs. When the M...

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  12. Mr. Tiwari invested 29040rs in 15% 100rs shares quoted at a premium of...

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  13. A dividend of 12% was declared on 150rs shares selling at a certain pr...

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  14. Divide 50760rs into two parts such that if one part is invested in 8% ...

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  15. Mr. Shameem invested 33.(1)/(3)% of his savings in 20% 50rs shares quo...

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  16. Vivek invests 4500rs in 8% 10rs shares at 15rs. He sells the shares wh...

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  17. Mr.Parkeh invested 52000 on 100rs shares at a discount of 20rs paying ...

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  18. Salman buys 50 shares of face value 100rs available at 132rs (i) Wha...

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  19. Salman invests a sum of money in 50rs shares paying 15% dividend quote...

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  20. Rohit invested 9600rs on 100rs shares at 20rs premium paying 8% divid...

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  21. How much should a man invest in 50rs shares selling at 60rs to obtain ...

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