Mr. Suraj invested Rs 29,040 in 15% Rs 100 shares quoted at a premium of 20%. Calculate:-

i) Mr. Suraj’s income from the investment.

ii) The percentage return on his investment

Rs 3630, 12.5%

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Rs 3430, 15%

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Rs 3630, 15%

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Rs 3430, 12.5%

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Solution

The correct option is A
Rs 3630, 12.5%

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Mr. Tiwari invested Rs 29,040 in 15% Rs 100 shares quoted at a premium of 20% . Calculate:

(i) the number of shares bought by Mr. Tiwari.

(ii) Mr. Tiwari's income from the investment.

(iii) the percentage return on his investment.

Q. Mr Tiwari invested Rs 29,040 in 15% Rs 100 shares quoted at a premium of 20%. Calculate :
(i) the number of shares bought by Mr Tiwari
(ii) Mr Tiwari's income from the investment
(iii) the percentage return on his investment
[3 MARKS]

Q. Ram invested

R s . 29, 040

15 %

R s . 100

shares quoted at a premium of

20 %

. Calculate :
i) the number of shares bought by Ram
ii) Ram's income from the investment
iii) the percentage return on his investment

Mr. Tiwari invested Rs. 29,040 in 15% Rs.100 shares quoted at a premium of 20 %.

Calculate

Mr. Tiwari invested Rs 29040 in $15 %$ Rs 100 shares quoted at a premium of $20 %$ . Calculate the number of shares he bought and his income from the investment.

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Mr. Suraj invested Rs 29,040 in 15% Rs 100 shares quoted at a premium of 20%. Calculate:- i) Mr. Suraj’s income from the investment. ii) The percentage return on his investment

The correct option is A Rs 3630, 12.5%

Mr. Suraj invested Rs 29,040 in 15% Rs 100 shares quoted at a premium of 20%. Calculate:-

i) Mr. Suraj’s income from the investment.

ii) The percentage return on his investment

The correct option is A
Rs 3630, 12.5%