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in Mathematics by (83.7k points)

Salman buys 50 shares off ace valul Rs.100 available at Rs.132

(i) What is his investment ? 

(ii) If the dividend is 7.5% what will be his annual income? 

(iii) If he wants to increase his annual income by Rs.150, how many extra shares should he buy?

1 Answer

+1 vote
by (66.9k points)
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Best answer

∴ No. of extra share he should buy = 70 -50 = 20

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