1.

Salman buys 50 shares of face value Rs 100 available at Rs 132. (i) What is his investment? (ii) If the dividend is 7.5%, what will be his annual income? (iii) If he wants to increase his annual income by Rs 150, how many extra shares should he buy? [4 MARKS]

Answer» Salman buys 50 shares of face value Rs 100 available at Rs 132.
(i) What is his investment?
(ii) If the dividend is 7.5%, what will be his annual income?
(iii) If he wants to increase his annual income by Rs 150, how many extra shares should he buy?
[4 MARKS]


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