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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

How much will be required to buy 125 of ₹ 25 shares at a discount of ₹ 7? - Business Mathematics and Statistics

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Question

How much will be required to buy 125 of ₹ 25 shares at a discount of ₹ 7?

Sum
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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

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Chapter 7: Financial Mathematics - Exercise 7.2 [Page 171]

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Samacheer Kalvi Business Mathematics and Statistics [English] Class 11 TN Board
Chapter 7 Financial Mathematics
Exercise 7.2 | Q 2 | Page 171
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