vivek invests...................
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Vivek invests Rs. 4,500 in 8%, Rs.10 shares at Rs. 15. He sells the shares when the price rises to Rs. 30, and invests the proceeds in 12% Rs. 100 shares at Rs. 125. Calculate:
(i) The sale proceeds
(ii) The number of Rs. 125 shares he buys.
(iii) The changes in his annual income from dividend.
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