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Question
70 shares of FV 100 each are purchased for MV Rs. 130 then the sum invested is ______.
Options
Rs. 9750
Rs. 9100
Rs. 13000
Rs. 6000
MCQ
Fill in the Blanks
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Solution
70 shares of FV 100 each are purchased for MV Rs. 130 then the sum invested is Rs. 9100.
Explanation:
Sum invested = Number of shares × Market value per share
= 70 × 130
= Rs. 9,100
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