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Mr Tiwari invested Rs 29,040 in 15% Rs 100 shares quoted at a premium of 20%. Calculate : (i) the number of shares bought by Mr Tiwari (ii) Mr Tiwari's income from the investment (iii) the percentage return on his investment [3 MARKS] |
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Answer» Mr Tiwari invested Rs 29,040 in 15% Rs 100 shares quoted at a premium of 20%. Calculate : (i) the number of shares bought by Mr Tiwari (ii) Mr Tiwari's income from the investment (iii) the percentage return on his investment [3 MARKS] |
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