A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. What is the market value of each share?
Pick one: A) rs . 12 B) rs . 18 C) rs . 15 D) rs . 21 E) rs . 25

Rationale: "explanation : face value of each share = rs . 20 dividend per share = 9 % of 20 = 9 × 20 / 100 = 9 / 5 he needs to have an interest of 12 % on his money ie , money paid for a share 9 × 12 / 100 = 9 / 5 money paid for a share = 9 / 5 × 100 / 12 = 15 ie , market value of the share = rs . 15 answer : option c"
Answer: C