Question

if 50 shares of face value 100 each are purchased for market value 120, find the sum invested
1)5000
2)5500
3)4500
4)6000​

Answer 1

Answer:

The answer is 6000

Step-by-step explanation:

Face Value = 100

Market Value = 120

Sum invested = No. of shares x Market value

                       = 50 x 120

                        = 6000