Find the cost of 100 shares of Rs 25 each at 15 premium.
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Answered by
1
Answer:
1500
1500/=15 that's it
Answered by
2
The cost of 100 shares is 4,000 Rs.
Step-by-step explanation:
To find out the cost of 100 shares.
Given, Face Value (FV) per share = Rs. 25
Premium = Rs. 15
Market Value (MV) = FV + Premium
= 25 + 15
= 40 Rs.
Since the Market value of each share = 40 Rs.
Therefore, Cost of 100 shares = 40 × 100
= 4,000 Rs.
The cost of 100 shares is 4,000 Rs.
Learn more about FV and MV : https://brainly.in/question/14521837
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