Abhishek sold 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.
Asked by rohitnagar | 16th Jun, 2019, 12:24: PM
Answered by Arun | 16th Jun, 2019, 04:35: PM
- Mrs.Matharu sold shares of face value ₹100, when the market value was ₹65 and recieved ₹9634.95 she paid brokerage 1% and GST on brokerage is 18% How many shares did she sell?
- 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
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