Question

If Nisha invests ₹ 19200 on ₹ 50 shares at a premium of 20%, then the number of shares she buys is

विकल्प

• 640

• 384

• 320

• 160

Answer 1

Investment = ₹ 19200
Face value of each share = ₹ 50

M.V. = `₹  50 xx (120)/(100)` = ₹ 60

Number of shares = `(19200)/(60)`
= 320.