Mrs Joseph sold. Some ₹100 shares paying 10% dividend at a discount of 25% and invested the proceeds in ₹100 shares paying 16% dividend , at a discount of 20%.By doing so, his income was increased by₹4800 . Find the number of shares originally held by Mr Joseph.
Asked by Annapurna | 3rd Jan, 2018, 04:35: AM
Answered by Rashmi Khot | 3rd Jan, 2018, 09:58: 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
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