Mr. Amit invested Rs.52000 on Rs.100 shares of a discount of Rs.20 paying 8% dividend at the end of one year he sells the shares at a premium of Rs. 20. Find:
(i) Annual dividend
(ii) Profit earned including his dividend
Asked by AMIT | 10th Apr, 2017, 05:57: PM
Answered by Rashmi Khot | 11th Apr, 2017, 09:48: AM
- 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
- banking ch.
- 6 no.
- ch shares and dividends
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