A man buys Rs. 25 shares in a company which pays 9% dividend . The money invested is such that it gives 10% on investment. At what price did he buy the shares?

A.  Rs.22
B.  Rs.22.50
C.  Rs.25
D.  Rs.22.50
Answer: B

Explanation:

Suppose he buys each share be Rs. x.
Then, (25 x 9/100) =(x ×10/100)
x= 22.50
Cost of each share is Rs. 22.50.

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