A man bought 360, ten rupees shares paying 12% p.a. He sold them when the price rose to Rs.25 and invested the sale proceeds in Rs.5 shares paying 4.5% p.a. at Rs.3.50 per share. Find the annual change in income.

 

Asked by srimathi123abc | 30th May, 2019, 12:09: PM

Expert Answer:

For the solution please click on the below link.
 
 

Answered by Yasmeen Khan | 30th May, 2019, 12:30: PM