1.

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

Answer»


ANSWER :`(i)9000RS` `(II) 72` `(III) 624rs`


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