1.

A man invests Rs 8,800 in buying shares of a company of face value of rupees hundred each at a premium of 10%. If he earns Rs 1,200 at the end of the year as divident, find : (i) the number of shares he has in the company. (ii) the dividend percent per share.

Answer»

A man invests Rs 8,800 in buying shares of a company of face value of rupees hundred each at a premium of 10%. If he earns Rs 1,200 at the end of the year as divident, find :

(i) the number of shares he has in the company.

(ii) the dividend percent per share.



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