Mathematics

Aman has 500, ₹ 100 shares of a company quoted at ₹ 120, paying a 10% dividend. When the share price rises to ₹ 200 each, he sells all his shares. He invests half of the sale proceeds in ₹ 10, 12% shares at ₹ 25, and the remaining sale proceeds in ₹ 400, 9% shares at ₹ 500.

Find his:

(a) sales proceeds.

(b) investment in ₹ 10, 12% shares at ₹ 25.

(c) original income.

(d) change in income.

Shares & Dividends

183 Likes

Answered By

45 Likes


Related Questions