A company declared a dividend of 14%. Find the market value of ₹50 shares, if the return on the investment was 10%

₹70

The correct answer is option (4) : ₹70

Let the MV of 1 share of ₹ 50 be ₹x

Given rate of division = 14% so rate of return = 10%

Dividend on 1 share of ₹ 50 = 14% of ₹ 50 = ₹7

$∴10=\frac{7}{x}×100$

$x= 70$

Hence MV of ₹ 50 share = ₹70