1.

Gagan invested 80% of his savings in 10% Rs 100 shares at 20% premium and the rest of his savings in 20% Rs 50 shares at 20% discount. If his incomes from these shares is Rs 5,600, calculate : (i) his investment in shares on the whole. (ii) the number of shares of first kind that he bought. (iii) percentage return, on the shares bought, on the whole.

Answer»

Gagan invested 80% of his savings in 10% Rs 100 shares at 20% premium and the rest of his savings in 20% Rs 50 shares at 20% discount. If his incomes from these shares is Rs 5,600, calculate :

(i) his investment in shares on the whole.

(ii) the number of shares of first kind that he bought.

(iii) percentage return, on the shares bought, on the whole.



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