A company pays 12.5% dividend to its investors. If an investor buys Rs.50 shares and gets 25% on investment, at what price did the investor buy the shares?
25
30
35
40
Explanation:
Dividend on 1 share = (12.5 * 50)/100 = Rs.6.25
Rs.25 is income on an investment of Rs.100
Rs.6.25 is income on an investment of Rs. (6.25 * 100)/25 = Rs.25