Shashank sells 120, 30 shares of company paying 24 percent dividend ,at 42 each and invests the proceeds in - Maths - Commercial Mathematics

Question

Shashank sells 120,?30 shares of company paying 24 percent dividend
,at ?42 each and invests the proceeds in ?12 shares of another
company at ?18 each What is the change in his income ,if the second
company pays a dividend of 16%?

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Shashank sells 120,?30 shares of company paying 24 percent dividend ,at ?42 each and invests the proceeds in ?12 shares of another company at ?18 each.What is the change in his income ,if the second company pays a dividend of 16%?