Smt Deshpande purchased share of FV rupees 5 at a premium of rupees 20. how many share will she get for 20,000????
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Step-by-step explanation:
FV = ₹5
MV=₹5 + PREMIUM ₹20
=₹25
No. of shares =total investment/ MV
= 20,000/25
=800 Shares
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