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Smt Gupta purchased the following shares...

Smt Gupta purchased the following shares. Find her total investment.
Company A `:` 210 shares , FV Rupees 100, at discount Rupees 3.
Company B `:` 3500 shares , FV Rupees 10, MV Rupees 18.50
What amount did she receive on total investment, if the rate of return is 9% ?

Text Solution

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Total investment is Rupees 85,120, Amount received is Rupees 7660.80.
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