Question

A rs 10 share at 10% premium has a market price of rps​

Answer 1

answer is 9

this is correct answer i think

Answer 2

Market price of the Rs. 10 share is Rs. 11

Explanation:

Given:

Face value of share $= Rs. 10$

Premium on share $=10\%$

To find:

Market Price of the share is $?$

Solution:

Market value of shares is a price at which it is traded in a stock exchange. It can be said to be the price at which one can purchase or sell it in the stock market.

Market Value of a share $=$ Face Value of the share $+$ Premium on the share

Market Value of a share $=10+(\frac{10}{100}\times10\;)\;$

                                         $=10 + 1 = 11$

Therefore, market price of Rs. 10 share at 10% premium is Rs. 11