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Question
If a man received ₹ 1080 as dividend from 9% ₹ 20 shares, find the number of shares purchased by him.
Sum
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Solution
Income on one share = `(9)/(100) xx 20`
= `"Rs." (9)/(5)`
∴ No. of shares = `1080 xx (5)/(9)`
= 120 × 5
= 600
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