A man invested 13,568 in 7% shares at 106 and 12,648 in 112
shares at 124. How much income would he get in all
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07-Jan-2021 · 1 answer
A man invested 13,568 in 7% shares at 106 and 12,648 in 112 shares at 124. How much income would he get in all .
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Step-by-step explanation:
Given A man invested 13,568 in 7% shares at 106 and 12,648 in 11% shares at 124. How much income would he get in all
- So a man invested on shares at Rs 106
- The amount invested by man is Rs 13,568
- So number of shares will be 13,568 / 106 = 128
- So the dividend will be 128 x 7
- = Rs 896
- So a man invested on shares at Rs 124
- The amount invested by man is Rs 12,648
- So number of shares will be 12,648 / 124 = 102
- So the dividend will be 102 x 11
- = Rs 1122
- So total income earned by the man = 896 + 1122
- = Rs 2018
Reference link will be
https://brainly.in/question/32840981
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