Advertisements
Advertisements
Question
₹ 40 shares of a company are selling at 25% premium. If Mr. Jacob wants to buy 280 shares of the company, then the investment required by him is
Options
₹ 11200
₹ 14000
₹ 16800
₹ 8400
MCQ
Advertisements
Solution
Face value of each share = ₹ 40
M.V. = `40 xx (125)/(100)` = ₹ 50
Number of shares = 280
Total investment = ₹ 280 x 50 = ₹ 14000.
shaalaa.com
Is there an error in this question or solution?
