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Question
A person invests ₹ 15400 in a company when its ₹ 100 shares are at a premium of ₹ 40. The number of shares bought by him are ______.
Options
110
140
120
130
MCQ
Fill in the Blanks
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Solution
A person invests ₹ 15400 in a company when its ₹ 100 shares are at a premium of ₹ 40. The number of shares bought by him are 110.
Explanation:
Number of shares `= 15400/140`
= 110
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