ICSE Class X Math 2015 Solved Paper

Rohit invested $\₹ 9,600$ on ₹ 100 shares at ₹ 20 premium paying $8 \%$ dividend. Rohit sold the shares when the price rose to $₹ 160$ . He invested the proceeds (excluding dividend) in $10 \% \₹ 50$ shares at $₹ 40$ . Find the :

Question : 38 of 52

Marks: +1, -0

new number of shares.

Solution:

New No. of Shares

=\;{12,800}/{40}=320

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