Neel has invested in shares as follows. Find his total investment. Company A : 350 shares, FV = ` 10, premium = ` 7
Company B : 2750 shares, FV = ` 5, Discount = ` 1.
Company C : 50 shares, FV = ` 100, MV = ` 150.
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Solution : Company A : Premium = ` 7 MV = FV + Premium= 10 + 7 = ` 17.
:Investment in company A = Number of shares ´ MV = 350 ´ 17 = ` 5950.
Company B : FV = ` 5, MV = ` 4.
:Investment in company B = Number of shares ´ MV = 2750 ´ 4 = ` 11,000.
Company C : FV = ` 100, MV = ` 150.
:Investment in company C = Number of shares ´ MV = 50 ´ 150 = ` 7500.
Ans. Neel has invested 5950 + 11000 + 7500 = ` 24,450.
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