Question

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Answer 1

Answer:

Step-by-step explanation:

Sarah invested ₹16000 on ₹200 shares, paying a dividend of 7% per annum, at ₹160 per share. After a year, she sold these shares at ₹150 and invested the proceeds (excluding dividend) in ₹40 shares at ₹50 each. If the rate of dividend on ₹40 share is 18% per annum, find the following:  

Her gain or loss after a year = ₹

Her annual income from the second investment = ₹

The percentage increase in return on her original investment =  

%