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

Calculate

Rs. 3,630, 10.5%

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Rs. 3,630, 11.5%

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Rs. 3,630, 12.5%

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Rs. 3,660, 10.5%

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Rs. 3,660, 11.5%

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rs. 3,660, 12.5%

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Solution

The correct option is C
Rs. 3,630, 12.5%

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Similar questions

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

The correct option is C Rs. 3,630, 12.5%

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

Calculate

The correct option is C
Rs. 3,630, 12.5%