ICSE Class X Math 2013 Solved Paper

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Salman buys 50 shares of face value 100 available at ₹ 132 .
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Question : 24 of 46
 
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If he wants to increase his annual income by 150 , how many extra shares should he buy?
Solution:
Let extra share should he buy be x .
then total number of shares =50+x
Total face value =100×(50+x)
∴ Annual income =100×(50+x)×7.5100
=(50+x)×7.5
(50+x)×7.5=375+150
50+x=5257.5=70
x=7050=20
Hence, the extra shares should be buy =20.
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