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12 Mar 2019

Shares and Dividend Revision Question - 1 (Grade 10)

A man wants to buy 124 shares available at Rs. 66 (par value = Rs. 50). 
(i) How much should he invest? 
(ii) If the dividend is 7.5%, what will his annual income be? 
(iii) If he wants to increase income by Rs. 600, how many extra shares should he buy?

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