+2 votes
in Class 10 by kratos

Mr ghosh sold a certain number of rs20 shares paying 8%dividend at rs 18 and invested the proceeds in rs10 shares,paying 12%dividend at 50%premium.if the change in his annual income is rs 120,find the number of shares sold by mr.ghosh

1 Answer

+5 votes
by kratos
 
Best answer

New income=1.6x+120..... considering the increase in income

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