Solve
Guides
0
You visited us 0 times! Enjoying our articles? Unlock Full Access!
Question

18 Abhishek sold a certain number of shares of \( > 207 \) paying 8\( \% \) dividend at \( \$ 18 \) and invested the proceeds. in \( \vec { z } 10 \) shares, paying \( 12 ^ { \circ } \) odividend at 50\( \% \) premium If the change in his annual income is \( \overrightarrow { 2 } 120 , \) find the number of shares sold by him?

Open in App
Solution
Verified by Toppr


Was this answer helpful?
0
Similar Questions
Q1

Jash sold a certain number of shares of Rs 20 paying 8% dividend at Rs 18 and invested the proceeds in Rs 10 shares, paying 12% dividend at 50% premium. If the change in his annual income is Rs 120, find the number of shares sold by him.


View Solution
Q2

Mr. Ghosh sold a certain number of ā‚¹20 shares paying 8% dividend at ā‚¹18 and invested the proceeds in ā‚¹10 shares, paying 12% dividend at 50% premium. If the change in his annual income is ā‚¹120, then find the number of shares sold by Mr. Ghosh.


View Solution
Q3
John had 1,000 share of a company with a face value of Rs.40 and paying 8% dividend. He sold some of these shares at a discount of 10% and invested the proceeds in Rs.20 shares at a premium of 50% and paying 12% dividend. If the change in his income is Rs.192. find the number of shares sold by him.
View Solution
Q4
A man sold rs100 shares paying 10% dividend at a discount of 25% and invested the proceeds in rs100 shares paying 16% dividend quoted at rs80 and thus increased his income by rs2000.Find the number of shares sold by him.
View Solution
Q5

Ahmad had 1000 shares of a company with a face value of ā‚¹50 and paying 10% dividend. He sold some of these shares at a discount of 10% and invested the proceeds in ā‚¹20 shares at a premium of 50% and paying 10% dividend. If the changes in his income is ā‚¹200, then find the number of shares sold by Ahmad.


View Solution