#### Rohit Kulkami invests Rs 10000 in 10% Rs 100 shares of a company. If his annual dividend is Rs 800, find :

(i) The market value of each share.

(ii) The rate percent which he earns on his investment.

**Solution:**

Investment = Rs 10000

Face value of each share = Rs 100

Rate of dividend = 10%

Annual dividend = Rs 800

#### At what price should a 9% Rs 100 share be quoted when the money is worth 6% ?

**Solution:**

If interest is 6 then investment = Rs 100

and if interest is 9, then investment

= Rs

= Rs 150

Market value of each share = Rs 150 Ans