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A man invests Rs.10080 in 6% hundred-rupee shares at Rs.112.Find his annual income.When the shares fall to Rs.96 he sells out the shares and invests the proceeds in 10% ten-rupee shares at Rs.8. Find the change in his annual income.
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Answered by
8
Answer:
Step-by-step explanation:
Number of shares for first yr is 90
Annual income for first year is Rs. 540
Proceeds = investment = Rs. 8640
New number of shares=1080
Income in second year =Rs. 1080
Change in income =Rs. 540
Anonymous:
how
Answered by
0
Step-by-step explanation:
CHANGE IN INCOME IS RS.540.....
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