1.

Sachin invests Rs. 8,500 in 10%,Rs. 100 shares at Rs. 170. He sells the shares whenthe price of each share rises by Rs. 30. He invests the proceeds in 12% Rs. 100 shares at 125. Find : (i) the scale proceeds. (ii) the number of Rs. 125 shares he buys. (iii) the change in his annual income.

Answer»


Answer :(i) RS. 10,000 (II) 80(iii) Rs. 460 (increase)


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