Question

What amount is received by selling 180 shares of FV ₹100 at a discount of rs 12

Answer 1

Answer:

Step-by-step explanation:

Fv=100

Discount=12rs

Mv =100-12=88rs

Amount =180×88=15480rs

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Answer 2

Answer:

Rs15,480

Step-by-step explanation:

FV=Rs100

Discount=Rs12

MV=Rs100- Rs 12=Rs 88

Amount received by selling 180 shares=180×88

=Rs 15,480

Therefore the amount received by selling the shares is Rs 15,840