1.

A person invests Rs 20,000 at 20% Rs. 150 shares at a premium of Rs. 50. The income from theses shares in is Rs. _______.

Answer»

1000
3000
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2000

Solution :(i) FIRST of all, th annual income from ONE share is to be found.
(ii) `MV=FV+` Premium.
(III) Find the number of shares.
`("Number of shares"xxFV)`
(IV) Income `=(xx"(Rate of dividend)")/100`


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