PU-MET : Panjab University MBA Entrance Exam with MCQ Answers 2017

Practice Mode:
91.

A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:

A: Rs. 12
B: Rs. 15
C: Rs. 18
D: Rs. 21

The answer is: B

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