Question

Amy deshpande purchased shares of fv Rs 5 at a premium of rs 20 .how many shares will she get for rs 20,000?​

Answer 1

Answer:

2oooo/(20+5) = 2oooo/25=800

800 shares

Answer 2

Given,

Face value of each share = 5 rs.

Premium                              = 20 Rs.

Here,

Amy Deshpande invested rupees for purchasing shares=rs2000

Since, the amount amy deshpande paid for each share = face value + premium

=5+20 = 25

Therefore, She paid 25 rupees for each share and total amount paid is 20000 rs.

No. of shares she purchased = 20000/25 = 800

So,the answer is 800 shares