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Mr. Ram Gopal invested 8000rs in 7% 100rs shares at 80rs. After a year, he sold these shares at 75rseach and invested the proceeds (including hisdividend ) in 18%, 25rs shares at 41rs .Find (i) his dividend for the first year (ii) his annual income in the second year (iii) the percentage increase in his return on his original investment. |
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