1.

Rohit invested Rs.9600 on rs.100 shares at rs.20 premium paying 8% dividend. Rohit sold these shares when the price rose to rs.160. he invested the proceeds (excluding dividend) in 10% Rs..50 shares at Rs.40. find the : Original number of shares. Sale proceeds.

Answer»
  1. Rohit invested Rs.9600 on rs.100 shares at rs.20 premium paying 8% dividend. Rohit sold these shares when the price rose to rs.160. he invested the proceeds (excluding dividend) in 10% Rs..50 shares at Rs.40. find

the :

  1. Original number of shares.

  2. Sale proceeds.



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