a man invests rs 1,344 in buying shares of nominal value rs 24 selling at 12%premium . The dividend on the shares is 15% per annum . Calculate the number of shares he buys and the dividend he receives annually
Asked by jaspaljit786 | 13th Mar, 2020, 09:46: PM
To get the solution of the above question, visit ICSE 10 Shares & dividend
Answered by Renu Varma | 16th Mar, 2020, 10:43: AM
- I=pxn(n+1)/2x12xr/100 1000xn(n+1)/24x10/100=5550 100n(n+1)/24=5550 n(n+1)=1332 I have also got this answer can u plz explain me how u got n =36 and 37 from which number u have divided to get this number
- banking ch.
- 6 no.
- ch shares and dividends
- how we will find share or premium?
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