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A man sold 400 (20rs) shares of a compan...

A man sold 400 `(20rs)` shares of a company, paying `5%` at `18rs` and invested the proceeds in `(10rs)` shares of another company paying `7%` at `12rs`. How many (`10rs)` shares did he buy and what was the change in his income ?

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Verified by Experts

The correct Answer is:
`600 ` ; Increase in income `=20rs`
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ICSE-SHARES AND DIVIDENDS-Exercise 3(B)
  1. A man buys 75, 100rs shares paying 9 percent dividend. He buys shares ...

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  2. By purchasing 25rs shares for 40rs each, a man gets 4 percent profit o...

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  3. Hundread rupee shares of a company are available in the market at a pr...

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  4. 50rs shares of a company are quoted at a discount of 10%. Find the ra...

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  5. A company declares 8 percent dividend to the share holders. If a man r...

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  6. How much should a man invest in 100rs shares selling at 110rs to obtai...

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  7. A company declares a dividend of 11.2% to all its share holders. If it...

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  8. A man buys 400, twenty-rupee shares at a premium of 4rs each and recei...

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  9. A man buys 400 twenty rupee shares at a discount of 20% and receives a...

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  10. A company with 10000 shares of 100rs each declares an annual dividend ...

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  11. A lady holds 1800 , 100rs shares of a company that pays 15% dividend a...

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  12. A man ivests 11200rs in a company paying 6 percent per annum when its ...

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  13. Mr. Sharma has 60 shares of N.V. 100rs and sells them when they are a ...

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  14. A company with 10000 shares of nominal value 100rs declares an annual ...

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  15. Which is the better investment 16% 100rs shares at 80 or 20% 100rs sha...

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  16. A man has a choice to invest in hundread rupee shares of two firms at ...

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  17. A man bought 360 ten- rupee shares of a company paying 12 percent per ...

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  18. A man sold 400 (20rs) shares of a company, paying 5% at 18rs and inves...

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  19. Two brothers A and B invest 16000rs each in buying shares of two compa...

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  20. A man invests 20020rs in buying shares of N.V. 26rs at 10% premium. Th...

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