(2) Mrunal purchased shares as follows -
Company A : 200 shares, FV = Rs. 10, MV = Rs. 25
Company B : 1250 shares, FV = Rs. 100, MV = Rs. 80
How much amount did she spend ?
Solve.
A whologie
Answers
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Company A:
No. of shares= 200
Market value= Rs.25
So, Mrunal's investment in this company = Rs.200 × 25 = Rs. 5000
Company B:
No. of shares= 1250
Market value= Rs.80
So, Mrunal's investment in company B= Rs. 1250 × 80 = Rs. 100000
Total= Rs.5000+ Rs 100000= Rs. 105000
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