Find the number of shares received when Rs. 60,000 was invested in the shares of FV Rs. 100 and MV Rs.
120.
Answers
Answered by
10
Answer:
500
Step-by-step explanation:
Given:- Total investment= ₹60,000.
MV= ₹120
Therefore,
No of shares = (Total investment)/(MV)
= 60000/120
= 500
Answered by
3
Answer:
Given:
number of shares- ?
sum invested-- Rs 60,000
FV- Rs 100
MV-Rs 120
Step-by-step explanation:
We know that;
number of shares- sum invested/ market value
- 60,000/120
- 500
number of shares-500
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