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Mr.Parkeh invested 52000 on 100rs shares...

Mr.Parkeh invested `52000` on `100rs` shares at a discount of `20rs` paying `8%` dividend. At the end of one year he sells the shares at a premium of `20rs`. Find
(i) the annual dividend
(ii) the profit earned including his dividend

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The correct Answer is:
Rs 31,200
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ICSE-MATHEMATICS-2011-SECTION- B
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