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Sum
How much will be required to buy 125 of ₹ 25 shares at a discount of ₹ 7?
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Solution
Face value of a share = ₹ 25
Market value of a share = ₹ 25 – 7 = ₹ 18
Amount of money required to buy 125 shares = Number of shares × Market value of a share
= ₹ 125 × 18
= ₹ 2,250
Concept: Stocks, Shares, Debentures and Brokerage
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