Smita has invested 12000 rs to purchase shares of FV rs 10 at premium of rs 2.find the number of shares she purchased.
Answers
Answered by
11
Answer:
1000 shares
Step-by-step explanation:
MV = FV + premium
= 10 + 2
= 12
Number of shares
= Total Investment /MV
= 12000/12
= 1000
Smita has purchased 1000 shares
Answered by
4
Answer:
1000 shares
Step-by-step explanation:
mv=fv+premium
=10+2
=12
number of shares
12000/12
=1000
smota has purchased 1000 shares
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