Smitha has invested rupees 12000 and purchaced shares of FV rupees 10 at a premium of rupees 2 find the number of shares purchased complete the given activity to get the answer.
Answers
Answered by
5
Step-by-step explanation:
MV= FV + premium =10+2=12 no of shares = total investment ÷ MV =12000÷12 = 1000 shares 1000 shares is the answer
Answered by
1
Answer:
mv =fv plus premium
= 10 plus 2
=12
no of shares =12000/12
=1000
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