$A$ man sells $5000$ common shares of Company $X$ (each of par value $Rs. 10$), which pays a dividend of $20\%$, at $Rs. 30$ per share. He invests the sale proceeds in ordinary shares of Company $Y$ (each of par value $Rs. 25$) that pays a dividend of $15\%$. If the market value of a share of Company $Y$ is $Rs. 40$, find out the number of shares of Company $Y$ purchased by the man.

  • A
    $3850$
  • B
    $3750$
  • C
    $3700$
  • D
    $3800$

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What is a better investment,$4 \%$ stock at $Rs. 120$ or $3 \%$ stock at $Rs. 80$?

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