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? Choose the correct choice from the following options:
A) 14
B) 15
C) 61
D) 17
E) 18
Dividend on Rs. 20 = Rs. (9/100)x 20 = Rs.9/5.   Rs. 12 is an income on Rs. 100.   Rs.9/5 is an income on Rs.[ (100/12) x (9/5)] = Rs. 15?   Answer: 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?