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A man has 62 shares of Rs. 100 each, div...

A man has 62 shares of Rs. 100 each, dividend is 7.5 % per annum. If he wants to increase his annual income by Rs. 150, then he should buy ______ more shares.

A

20

B

40

C

10

D

30

Text Solution

Verified by Experts

The correct Answer is:
A
Find annual income from one share.
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