1.

A man invests Rs 3.072 in a company paying 5 % per annum, when its Rs 10 share can be bought for Rs 16 each. Find : (i) his annual income; (ii) his percentage income on his investment.

Answer»

A man invests Rs 3.072 in a company paying 5 % per annum, when its Rs 10 share can be bought for Rs 16 each. Find :

(i) his annual income;

(ii) his percentage income on his investment.



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