Assertion (A): Investing in 12% of the ₹ 100 shares at ₹ 150 means, an investment of ₹ 100 gives an annual income of ₹ 12.

Reason (R): Annual income of an investor depends upon the face value of the share.

1. Both A and R are true, and R is the correct explanation of A.

2. Both A and R are true, but R is not the correct explanation of A.

3. A is true, but R is false.

4. A is false, but R is true.

Ankit has the option of investing in company A, where 7%, ₹ 100 shares are available at ₹ 120 or in company B, where 8%, ₹ 1000 shares are available at ₹ 1620.

Assertion (A) : Investment in Company A is better than Company B.

Reason (R) : The rate of income in Company A is better than in Company B.

1. Both A and R are correct, and R is the correct explanation for A.

2. Both A and R are correct, and R is not the correct explanation for A.

3. A is false, but R is true.

4. Both A and R are false.

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.