1.

A man wants to buy 62 shares available at Rs 132 (par value of Rs 100) (i) How much should he invest? (ii) If the dividend is 7.5%, what will be his annual income? (iii) If he wants to increase his annual income by Rs 150, how many extra shares should he buy? [4 MARKS]

Answer» A man wants to buy 62 shares available at Rs 132 (par value of Rs 100)
(i) How much should he invest?
(ii) If the dividend is 7.5%, what will be his annual income?
(iii) If he wants to increase his annual income by Rs 150, how many extra shares should he buy?
[4 MARKS]


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