Question

plz answer these question...
in a descriptive manner else no brainliest....

A man invested ₹45000 in 15% ₹100 shares quoted at ₹125. When the marketed value of these shares rose to ₹140, he sold some shares, just enough to raise ₹8400?
Calculate:-
1. the number of shares he still holds.
2. the dividend due to him on these remaining shares.

Answer 1

since the shares are quoted at 125
therefore number of shares = 45000/125=360

value of shares = 360*100= 36000

8400/140= 60

so he sold 60 shares and has 300 left with him