Question

asim invested ₹13,750 to buy share of fv ₹ 100 at premium of 25 how many share did he buy​

Answer 1

cost of one share =fv+premium

=100+25=125.

total number of share =amount invested+mv of one share

=13,750/25=570

Answer 2

The number of share he buy is 555.

Step-by-step explanation:

Given : Asim invested ₹13,750 to buy share of fv ₹ 100 at premium of 25.

To find : How many share did he buy ?

Solution :

Share of fv ₹ 100 at premium of 25.

The cost of the share of future value is given by,

$C=100+25$

$C=Rs.125$

Asim invested ₹13,750.

Total cost is $TC=13750+125=3875$

Number of share is given by,

$n=\frac{13875}{25}$

$n=555$

Therefore, the number of share he buy is 555.

#Learn more

A man invested rupees 8800 on buying shares of face value rupees hundred each at a premium of 10% If he earns rupees 1,200 at the end of the year as dividend find the number of shares he has in the company and the dividend percentage per share​

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