1.

Vivek invests ₹ 4500 in 8 % , ₹ 10 shares at ₹ 15. He sells the shares when the price rise to 30 and invests the proceeds in 12 %, ₹ 100 shares at ₹ 125. Calculate (i) the sale proceeds (ii) the number of ₹ 125 shares he buys (iii) the change in his annual income from dividend

Answer»

Vivek invests ₹ 4500 in 8 % , ₹ 10 shares at ₹ 15. He sells the shares when the price rise to 30 and invests the proceeds in 12 %, ₹ 100 shares at ₹ 125.

Calculate (i) the sale proceeds

(ii) the number of ₹ 125 shares he buys

(iii) the change in his annual income from dividend




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