हिंदी

Find the cost of purchasing 150 shares of a company, each of par value ₹ 10, quoted at 16 each in the market, from the original shareholder. - Mathematics

Advertisements
Advertisements

प्रश्न

Find the cost of purchasing 150 shares of a company, each of par value ₹ 10, quoted at 16 each in the market, from the original shareholder. Also, find the gain to the new shareholder if he sells each share at a premium of ₹ 10.

योग
Advertisements

उत्तर

Given:

Number of shares = 150

Par value per share = ₹ 10

Market price (purchase price) = ₹ 16

Selling price per share = ₹ 10 premium on ₹ 10 par = ₹ 20

Total cost:

= 150 × ₹ 16

= ₹ 2400

Total selling price:

= 150 × ₹ 20

= ₹ 3000

Gain:

= ₹ 3000 − ₹ 2400

= ₹ 600

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Shares and dividends - Exercise 3A [पृष्ठ ३७]

APPEARS IN

नूतन Mathematics [English] Class 10 ICSE
अध्याय 3 Shares and dividends
Exercise 3A | Q 9. | पृष्ठ ३७
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×