1.

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.

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.



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