Question

how much money will be required to buy 250 Rs. 15 shares at a discount of Rs. 1.50?​

Answer 1

Answer:

Rs 3375

Step-by-step explanation:

No of shares to be bought =250

Rs15 shares at a discount of

Rs1.5 means the Nominal value

of the share is Rs 15 And its market

value =Rs15-Rs1.5 = Rs13.50

Therefore,Money required to by 1 share =Rs13.50

> Money required to by 250 Shares = 250*13.50

=Rs 3375 ( Ans)

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Answer 2

Question related to Shares and Dividends

Asking:

How much money will be required to buy 250 Rs. 15 shares at a discount of Rs. 1.50?

Solution:

Solution:Given:

Number of shares to be bought is 250.

The meaning of the statement Rs 15 shares at a discount of Rs 1.50 is

Nominal value of the share is Rs 15

Hence its market value = Rs 15 – Rs 1.50 = Rs 13.50

Thus:

The money required to buy 250 shares = 250 x Rs 13.50 = Rs 3375