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:	Options:
A) Rs. 12 B) Rs. 15 C) Rs. 18 D) Rs. 21 E) Rs. 27
Dividend on Rs. 20 = Rs(9/100)x20 = Rs 9/5   Rs. 12 is an income on Rs. 100.   Rs.9 is an income on Rs. (100/120)x(9/5)= Rs. 15.   ANSWER:Rs. 15
<result>B</result>
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: