If Rahul invests Rs.19200 on
Rs.50 shares at a premium of
20%,then the number of
shares she buys is *
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Step-by-step explanation:
If Rahul invests Rs.19200 on
Rs.50 shares at a premium of
20%,then the number of
shares she buys is *
Answered by
0
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Answer:
NO OF SHARES=320
Step-by-step explanation:
FV=50
PREMIUM=20%
MV=FV+PREMIUM
MV=50+10(20%OF 50)
MV=60
TOTAL INVESTMENT=NO OF SHARE ×MV
NO OF SHARE=TOTAL INVESTMENT÷MV
NO OF SHARE= 19200÷60
NO OF SHARES=320
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