Vimal sold a certain number of ₹ 20 shares paying 8% dividend at ₹ 18 and invested the proceeds in ₹ 10 shares paying 12% dividend at 50% premium (i.e. ₹ 15). If his annual income decreases by ₹ 120, find the number of shares sold by Vimal.

₹100 shares of a company giving 10% dividend are selling at ₹150. Mr. Saha invests ₹ 18,000 to buy these shares. He sells 80% of his shares after one year. Find :

(a) the number of shares he purchased.

(b) the number of shares he sold.

(c) his annual income from the remaining 20% shares he still holds.

At what price should a 10%, ₹ 25 share be quoted when money is worth 8%?

How much should a man invest in ₹ 25 shares selling at ₹ 36 to obtain annual income of ₹ 1,500, if dividend declared is 12% ?