1.

Aman invests Rs.29929 in shares of par value Rs.26 at 10% premium. The dividend is 15% per annum. Calculate: (i) the number of shares (ii) the dividend received by him annually (iii) the rate of interest he gets on his money.

Answer»

Aman invests Rs.29929 in shares of par value Rs.26 at 10% premium. The dividend is 15% per annum. Calculate:

(i) the number of shares

(ii) the dividend received by him annually

(iii) the rate of interest he gets on his money.




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