Question

If jagbeer invests ₹10320 on ₹100 shares at a discount of ₹ 14, then the no. Of shares he buys is?

Answer 1

Answer:

given : investment = Rs 10,320,

FV = Rs 100, discount = Rs 14

to find: number of shares bought

no of shares = investment / MV of share

MV = FV - Discount

MV = 100 - 14 = Rs 86

therefore number of shares = 10320/86

=> 5160/43

=> 120 shares

Answer 2

$\large\underline\bold{Question:-}$

• If jagbeer invests ₹10320 on ₹100 shares at a discount of ₹ 14, then the no. Of shares he buys is?

$\large\underline\bold{Answer:-}$

$\large\underline\bold{Given:-}$

$\sf\ Investment= 10320$

$\sf\ Face \: value \: of \: each \: share = 100$

$\large\underline\bold{To\: find:-}$

$\sf\ Number\: of\: shares \:he\: bought.$

$\large\underline\bold{Solution:-}$

$\sf\ By \:using \: formula$

$\tt\large{\red{MV= FV-discount}}$

$\sf\ M.V \: of \: each \: share$

$\sf\ =100-14$

$\sf\ = 86$

$\sf\ Number \: of \: share \: = 10320/86 = 120.$

$\tt\large{\green{=120}}$

$\large\underline\bold\purple{ Hence \: the \: answer \: is \: 120.}$