1. Tardigrade
  2. Question
  3. Mathematics
  4. A man has 62 shares of ₹ 100 each, dividend is 7.5 % per annum. If he wants to increase his annual income by ₹ 150, then he should buy more shares.

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Q. A man has 62 shares of $₹ 100$ each, dividend is $7.5 \%$ per annum. If he wants to increase his annual income by $₹ 150$, then he should buy more shares.

Shares and Dividends

Solution:

Find annual income from one share.