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Question

A man wants to buy 62 shares available at Rs 132(par value of Rs 100)

(i) How much should he invest?

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


A

Rs 8184, Rs 465

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B

Rs 8184, Rs 495

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C

Rs 7184, Rs 465

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D

Rs 7184 , Rs 495

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Solution

The correct option is A

Rs 8184, Rs 465



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