1.

Rohit invested 9600rs on100rs shares at 20rs premium paying 8% dividend. Rohit sold the shares when the price rose to 160rs . He invested the proceeds (excluding dividend) in 10% 50rs shares at 40rs find the (i) original number of shares (ii) sale proceeds (iii) new number of shares (iv) change in the two dividends

Answer»


Answer :`(i) 80 (II) 12800rs` `(III) 320` `(iv) 960RS` (increase)


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