Mr Dev invests Rs 120000 in 10% Rs 100 shares at 20% premium. If tax is deducted at the rate of 10% find his annual income from his investments. Later on Mr dev sells half of his shares at Rs 140 per share. He invests the proceeds in 15% Rs 10 share available at 20 % discount. What annual income will he receive now from his investments in shares if the tax is deducted at the same rate