ICSE Class X Math 2015 Solved Paper

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Rohit invested 9,600 on ₹ 100 shares at ₹ 20 premium paying 8% dividend. Rohit sold the shares when the price rose to 160. He invested the proceeds (excluding dividend) in 10%50 shares at 40. Find the :
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Question : 38
Total: 52
new number of shares.
Solution:  
New No. of Shares =
12,800
40
=320
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