if 50 shares of face value 100each are purchased for market value 120 find the sum invested
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5
Answer:
₹6000
Step-by-step explanation:
No of shares = 50
Face value = ₹100
Market value = ₹120
Sum Invested = No of shares * Market value
= 50 * 120
= ₹6000
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The sum invested is Rs. 6,000.
To find :
The Sum invested = ?
Given data :
Number of shares = 50
Face value of 50 shares = Rs. 100
Purchased for market value = Rs. 120
Finding the sum invested :
Sum invested = No. of shares bought × Market value
= 50 × 120 = 6000
Sum invested = Rs. 6,000
Therefore, the amount invested is Rs. 6,000
To learn more...
1. brainly.in/question/7564777
2. brainly.in/question/7510292
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