Question

If 50 shares of face value 100 each are purchased for market value 120. Find the sum of invested

Answer 1

Answer:

Step-by-step explanation:

FV = 100

MV = 120

Sum invested = No. of shares*Market value of shares

=> 50*120

=> 6000

Answer 2

Answer:

6000 invested.....

Step-by-step explanation:

Given:-

• no of shares =50
• face value =100
• market value =120

as we know

the price of a share in the market at any particular time is call market value

we also know that

if the shares are availabe at par

M.V of each share = N.V of it

$sum \: invested = no.of \: shares \times market \: value \\ \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = 50 \times 120 \\ \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = 6000$