9. Mohan Lal invested 29040 in 15%, 100 shares of a company quoted at a premium of 20%.
(i)Calculate the number of shares bought by Mohan Lal;
(ii) his annual income from shares;
(iii) the percentage return on his investment.
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9. Mohan Lal invested 29040 in 15%, 100 shares of a company quoted at a premium of 20%.
(i)Calculate the number of shares bought by Mohan Lal;
(ii) his annual income from shares;
(iii) the percentage return on his investment.
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Answer:
answer III) is correct answer