Two companies have shares of 13% at 122 and 17% at 150 respectively. In which of the shares, Anil should invest the money.
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13%+17%= 30
122+150=272
30+272=302
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Answer:
let the investment in each case is equal to rupees 122 into 150
dividend in first case
= 122 *150*13/122=1950
ans dividend in second case
=122*150*17/150=2074
from the above it is clear that the second type of share 17% at rupees 150 are more profitable
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