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Question
Find the purchase price of a share of FV Rs 100 if it is at premium of Rs 30. The brokerage rate is 0.3%.
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Solution
MV of the share = FV of the share + Premium = Rs 100 + Rs 30 = Rs 130
Brokerage = 0.3% of Rs 130 = \[\frac{0 . 3}{100} \times 130\] = Rs 0.39
∴ Purchase price of the share = MV of the share + Brokerage = Rs 130 + Rs 0.39 = Rs 130.39
Thus, the purchase price of the share is Rs 130.39.
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RELATED QUESTIONS
Complete the following table by writting suitable numbers and words.
| Sr.No | FV | Share is at | MV |
| (1) | Rs 100 | par | ... |
| (2) | ... | premium Rs 500 | Rs 575 |
| (3) | Rs 10 | ... | Rs 5 |
Smt. Deshpande purchased shares of FV Rs 5 at a premium of Rs 20. How many shares will she get for Rs 20,000 ?
Write the correct alternative for the following questions.
If the Face Value of a share is Rs 100 and Market value is Rs 75, then which of the following statements is correct ?
Prashant bought 50 shares of FV Rs 100, having MV Rs 180. Company gave 40% dividend on the shares. Find the rate of return on investment.
Find the amount received when 300 shares of FV Rs 100, were sold at a discount of Rs 30.
Market value of shares and dividend declared by the two companies is given below. Face Value is same and it is Rs. 100 for both the shares. Investment in which company is more profitable ?
(1) Company A - Rs 132, 12%
(2) Company B - Rs 144, 16%
Shri Shantilal has purchased 150 shares of FV ₹ 100, for MV of ₹ 120, Company has paid dividend at 7%, then to find the rate of return on his investment, complete the following activity:
Solution: FV = ₹ 100; Number of shares = 150
Market value = ₹ 120
1. Sum investment = MV × No. of Shares
= `square xx square`
∴ Sum investment = ₹ 18,000
2. Dividend per share = FV × Rate of dividend
= `square xx square/100`
= ₹ 7
∴ Total dividend received = 150 × 7
= `square`
3. Rate of return = `"Dividend income"/"Sum inve ted" xx 100`
= `1050/18000 xx 100`
= `square`
What is the total amount of money needed to run the company called?
Which of the following describes a shareholder?
What is a stock exchange?
The annual profit distributed among shareholders is called:
The shares of different companies can be bought or sold in the market through which of the following?
Which of the following is the correct formula for the number of shares purchased?
When is a share said to be at a premium?
A share has a Face Value of \( ₹10 \) and is at a premium of \( ₹7 \). What is its Market Value?
A share has a Face Value of \( ₹25 \) and a Market Value of \( ₹16 \). How is the share described and what is the amount?
The Rate of Return on an investment in shares is calculated as:
Which of the following is a market index and the exchange with which it is associated?
The Sum Invested in shares is calculated as:
