2100 shares at a premium of 20%. Which of the two investments will be more profile
20. Mukul invests Rs 9,000 in a company paying a dividend of 6% per annum when a share of face
value Rs 100 stands at Rs 150. What is his annual income? He sells 50% of his shares when the MV
rises to Rs 200. What is his gain on this transaction?
ICSE 1991
Ils some of the shares
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