How much money will be required to buy 125, Rs. 30 shares at a discount of Rs. 3?
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Answer:
Step-by-step explanation:
Nominal value of 1 share = Rs.30
Market value of 1 share = Rs.30 - Rs. 3
= Rs.27
No. of shares purchased = 125
Money required to buy 125 shares =
Rs.27× 125 = Rs.3375
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