₹10 face value and market value is ₹5. Then find share is at?
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Answer:
Given :-
1) Face Value of share (FV) = ₹ 10
2) Premium = ₹ 5
To find :-
Market Value of share (MV) =?
Solution :-
\begin{gathered}mv \: = \: fv \: + \: premium \\ mv \: = \: 10 + 5 \\ mv \: = 15\end{gathered}
mv=fv+premium
mv=10+5
mv=15
Ans. :-
The market value of the share (MV) is ₹ 15.
Hope it helps.
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