Question

What is the market value of 300 shares of rs. 15 each if each share is sold at a premium of rs. 3?

Answer 1

Answer:

5400 Rs/-

Step-by-step explanation:

N.V=15Rs/-

No. of shares =300

Premium price =3 Rs/-

As we know..

M.V=N.V+Premium price

therefore M.V=15 +3

which is equal to 18Rs/-

this is the M.V of 1 share...

therefore M.V of 300 shares = 300×18

=5400Rs/-

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Answer 2

Step-by-step explanation:

mv =300 x 18

= 5400

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