1.

A man invests ₹ 1680 in buying shares of nominal value ₹ 25 at 12% premium. The dividend on the shares is 15% per annum.Calculate 1) the number of shares he buys 2) the dividend he receives annually

Answer»

A man invests ₹ 1680 in buying shares of nominal value ₹ 25 at 12% premium. The dividend on the shares is 15% per annum.Calculate

1) the number of shares he buys

2) the dividend he receives annually




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