Question

if 50 shares of FV ₹ 100 each are purchased for mv ₹120 . find the sum invested. ​

Answer 1

Given:

• Number Of Shares = 50
• MV = ₹ 120

Find:

• The sum Invested

Solution:

• Sum invested = number of shares ༝ MV

= 50 ༝ 120

= Rs.6000

• So, the Sum of Invested is Rs.6000.

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Know More:

• Shares -

↳ On dividing the whole or a group of objects is into equal parts, we get equal shares. We need to divide an object or a whole number into equal parts to distribute it equally.

• FV - (Future Value)

↳ The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth in the future.

• MV - (Mean Value)

↳ Mean Value (MV) is the average value determined by dividing the total value by the number of properties.

Hope Its Help Uhh_‼️

Answer 2

Step-by-step explanation:

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Sum invested = number of shares x FV = 50 x 120 = Rs.6000