Question

Date :
Suresh invested 1200 to purchase shares of FV rupees 10
at a premium of 5. Complete the following activity
to find the number of shares he purchased.
MV=FV +______=₹_______
The number of shares=
total investment upon
MV
=_|__|_
15
=____​

Answer 1

SOLUTION

GIVEN

Suresh invested ₹ 1200 to purchase shares of FV ₹ 10 at a premium of ₹ 5.

TO DETERMINE

Complete the following activity to find the number of shares he purchased.

MV = FV + _____ = ₹ _____

The number of shares

$\displaystyle\sf{ = \frac{Total \: \: investment }{MV}}$

$\displaystyle\sf{ = \frac{ \boxed{ \: \: \: \: \: \: \: \: }}{15}}$

$\boxed{ = \: \: \: \: \: \: }$

EVALUATION

Here it is given that

Suresh invested ₹ 1200 to purchase shares of FV ₹ 10 at a premium of ₹ 5.

Total investment = ₹ 1200

FV = ₹ 10 , Premium = ₹ 5

MV = FV + Premium = ₹ ( 10 + 5 ) = ₹ 15

Again

The number of shares

$\displaystyle\sf{ = \frac{Total \: \: investment }{MV}}$

$\displaystyle\sf{ = \frac{ \boxed{ \sf{ \: \: 1200 \: \: }} }{15}}$

$= \boxed{ \sf{ \: \: 80 \: \: \: } }$

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Answer 2

Answer:

here is your answer in the above attachment