Question

find the cost of 85 shares of rupees 60 each one quoted that rs 63.25?

Answer 1

Cost of one share = 60
Each share is quoted at a new value of 63.25
Hence cost of 1 share = 63.25
cost of 85 shares = 85 x 63.25
= 5376.25 Rupees

Answer 2

n=85

NV=60

new value quoted =63.25

so cost of 1share=63.25

cost of 85 shares= 85×₹63.25

=₹5376.25