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mr.ghosh sold a certain number of rs20 shares paying 8% dividend at rs18 and invested the proceeds in rs 10 shares

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Mr ghosh sold a certain number of rs20 shares paying 8%dividend at rs 18 and invested the proceeds in rs10 shares,paying 12%dividend at 50%premium.if the change in his annual income is rs 120,find the number of shares sold by mr.ghosh
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1 Answer

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New income=1.6x+120..... considering the increase in income

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