1.

Ajeet invests ₹ 9000 in a company paying a dividend of 6% per annum when its ₹ 100 shares can be bought for ₹ 150. Find :- i) his annual income ii) If he sells 50% of his shares at ₹ 200 each, what is his gain in this transaction?

Answer»

Ajeet invests ₹ 9000 in a company paying a dividend of 6% per annum when its ₹ 100 shares can be bought for ₹ 150. Find :-

i) his annual income

ii) If he sells 50% of his shares at ₹ 200 each, what is his gain in this transaction?




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