Shares of face value 100 were bought at 260 after investing 7,280 by Mr. Khan. After 4 months
bonus shares were declared in the ratio 1:4_ are the number of shares with Mr. Khan.
a 28
b 35
c 32
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Shares of face value 100 were bought at 260 after investing 7,280 by Mr. Khan. After 4 monthsbonus shares were declared in the ratio 1:4_ are the number of shares with Mr. Khan.
a 28
b 35
c 32
ANSWER IS (A) 28
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Given,
Mr. Khan had purchased Shares at a total cost of Rs.7280/- with per share cost of Rs.260/-
To Find,
The number of Share with Mr. Khan after declaration of Bonus.
Solution,
The Number of Shares with Mr. Khan = ⇒ 28
Now Bonus of 1 share for each 4 shares available, thus the number of bonus shares added = ⇒7
Total number of shares = 28+7 = 35
Henceforth the total number of shares is 35.
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