3 years ago in Profit & Loss

The profit made by a company in one year is enough to give 6% return on all shares. But as the preferred shares get on return of 7.5%, so the ordinary shares got on return of 5%. If the value of preferred shares is Rs. 4000000, then what is the value of ordinary shares?

[A] Rs.6000000
[B] Rs.3500000
[C] Rs.7000000
[D] Rs.6500000
[E] None of these
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Sayed badruzama
Sayed badruzama - 3 years ago

Sayed badruzama from Mumbai, India is saying Rs.6000000 is correct answer

Nazia Sayed
Nazia Sayed - 3 years ago

Nazia Sayed from Mumbai, India is saying Rs.7000000 is correct answer

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