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Calculate the Investment Required to Buy: - Mathematics

Sum

Calculate the investment required to buy:

340 shares of Rs 125 each at a discount of 20%.

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Solution

 340 shares of Rs 125 each at a discount of 20 %.

No. Of shares to be purchased = 340

Rs 125 shares at a discount of 20 % =Rs (125 - 20 %  of Rs 125) = Rs( 125 - 25) = Rs 150

Therefore, money required to purchase 340 shares

= Rs 100 x 340 =Rs 34,000. 

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APPEARS IN

Frank ICSE Class 10 Mathematics Part 2
Chapter 4 Shares and Dividends
Exercise 4.1 | Q 1.08 | Page 60
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