Question

A man invests Rs. 3200 in shares of a company which is paying 5% dividend. If Rs.
200 shares are available at a discount of 20%. Find: [3]
(i) Number of shares he purchases.
(ii) His annual income.

Answer 1

Answer:

investment=3200

d%=5%

NV=200

discount=20%

ans

MV=200*(1-20/100)

MV=160

i) n= investment/MV

n=3200/160

n=20

ii) D or annual income = d%/100 * NV *n

D= 200

Answer 2

Answer:

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