Question

Mr. Kulkarni purchased shares of FV ₹ 10 at a premium of ₹ 15. How many shares will he get for ₹ 18,000.​

Answer 1

Answer:

Step-by-step explanation:  F V= RS 10

                                              premium = 15

                                         number of shares = sum invested / MV

                                                                             18,000/25

                                                                                  720 shares

                                                           ∴ he purchased a new share

Answer 2

Answer:

Total no. of share will he get = 720

Step-by-step explanation:

MV= FV + premium

= 10+15

MV= 25

NO. of shares = total investment/ MV

= 18000/25

= 720

Plz mark me a brainlist and follow me