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A man buys 75rs shares at a discount of ...

A man buys `75rs` shares at a discount of `15rs` of a company paying `20%` dividend Find.
(i) the market value of 120 shares
(ii) his annual income
(iii) his profit percent

Text Solution

Verified by Experts

The correct Answer is:
`(i) 7200rs` `(ii)1800rs` `(iii)25%`
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