Question

mr. Mehta invested 10000 in the equity fund of xyz company with the price of 105 how would you term the price '105'​

Answer 1

Answer:

i think it is 5000 + 5000 =10,000

Answer 2

105 is the share price.

Explanation:

• Mr. Mehta invested 10000 in the equity fund of xyz company whose price is 105.
• Here, 105 is the value of 1 share of xyz company.
• A share price is a price of single share of a number of saleable stocks of xyx company or any company.
• If Mr. Mehta invests some money in a company, in return he gets shares equal to the invested money.
• So, Mr. Mehta gets $\frac{10000}{105}\approx95$ shares of xyx company.

Therefore, 105 is the share price of xyz company.