MCQEasy1 mark
1
Choose the correct answers to the questions from the given options. (Do not copy the questions, write the correct answers only.)
The sum invested to purchase 15 shares of a company of nominal value ₹ 75 available at a discount of 20% is:
Topic: Shares, dividend and return
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Answer
Exam answer
(d) ₹900
Explanation
Market value = 75−20% of75 = ₹60. Cost of15 shares=15×60=₹900.
In words
₹900
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