Mr tyagi buys 120 shares of nominal value of Rs 100.He decides to sell them when they are at premium of 60%. He invests the proceeds in shares of nominal value of Rs50 quoted at 4%discount and paying 18% discount annually. Calculate (a). sale proceeds (b). no of shares he buys (c). annual dividend from these shares??? (PLS HELP)
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Answer: Sales proceeds =19200
number of shares =400
Annual dividend = 3600
(if you found the question on together with, its wrong)
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