Mr. Mayank invested Rs 8000 in 8% Rs 100 shares selling at Rs 80. After a year he sold these shares at Rs 82 each and invested the proceeds in Rs 100 shares selling at Rs 90 with a dividend of 12%. Calculate:

The increased percentage return on his original investment.

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7.5%

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10%

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12.5%

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Solution

The correct option is A
5%

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Mr. Mayank invested Rs 8000 in 8% Rs 100 shares selling at Rs 80. After a year he sold these shares at Rs 82 each and invested the proceeds in Rs 100 shares selling at Rs 90 with a dividend of 12%. Calculate: The increased percentage return on his original investment.

The correct option is A 5%

Mr. Mayank invested Rs 8000 in 8% Rs 100 shares selling at Rs 80. After a year he sold these shares at Rs 82 each and invested the proceeds in Rs 100 shares selling at Rs 90 with a dividend of 12%. Calculate:

The increased percentage return on his original investment.

The correct option is A
5%