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Mr. Tiwari invested Rs 29,040 in 15% Rs 100 shares quoted at a premium of 20%. Calculate (i) the number of shares bought by Mr. Tiwari. (ii) Mr. Tiwari's income from the investment. (iii) the percentage return on his investment. [4 MARKS] |
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Answer» Mr. Tiwari invested Rs 29,040 in 15% Rs 100 shares quoted at a premium of 20%. Calculate (i) the number of shares bought by Mr. Tiwari. (ii) Mr. Tiwari's income from the investment. (iii) the percentage return on his investment. [4 MARKS] |
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