Find the income derived from 88 shares of Rs.25 each at 5 premium , brokerage being 1/4 per share and the rate of dividend being 71/2% per annum.Also,find the rate of interest on the investment.
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Find the income derived from 88 shares of Rs.25 each at 5 premium , brokerage being 1/4 per share and the rate of dividend being 71/2% per annum.Also,find the rate of interest on the investment.
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