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If a share of ₹ 100 is selling at ₹ 125, then it is said to be selling at a ______ of ₹ 35.

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Question

If a share of ₹ 100 is selling at ₹ 125, then it is said to be selling at a ______ of 35.

Options

  • Discount

  • Premium

  • At par

  • Below par

MCQ
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Solution

If a share of ₹ 100 is selling at ₹ 125, then it is said to be selling at a premium of ₹ 35.

Explanation:

Market value (₹ 125) is greater than the face (nominal) value (₹ 100), so the share is sold at a premium. The premium = 125 – 100 = ₹ 25.

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Chapter 3: Shares and Dividends - EXERCISE 3 [Page 33]

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R.S. Aggarwal Mathematics [English] Class 10 ICSE
Chapter 3 Shares and Dividends
EXERCISE 3 | Q 17. | Page 33
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