Question

If Rahul invests Rs.19200 on
Rs.50 shares at a premium of
20%,then the number of
shares she buys is *​

Answer 1

Answer:

tell me also

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 *

Answer 2

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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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