Question:medium

A person owns 150 shares (face value Rs.25) of a company which declares a dividend of 12%. He sells the share at Rs. 40 and invests the proceeds in 7% stock (par value Rs.100) at Rs.80. What is the change in his income?

IBSAT

Updated On: Nov 25, 2025

Rs.50 less
Rs.70 more
Rs.60 less
Rs.75 more
Cannot be determined

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