an important question from the book -ML aggarwal( avichal publication)class 10th , chapter3, shares and dividends ……..
it is given that A man invests Rs 10080 in 6% hundred- rupee shares at Rs. 112.
and we are asked to Find his annual income.
second condition is also that “When the shares fall to Rs. 96 he sells out the shares and invests the proceeds in 10% ten-rupee shares at Rs. 8”. so we have to Find the change in his annual income.
please solve both the sub-questions in separately manner.
Q no. 24, exercise 3, ML Publication, share and dividends