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Question
If a share of ₹ 125 is selling at ₹ 96, then it is said to be selling at ₹ 12:
Options
Below par
At par
Above par
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Solution
Below par
Explanation:
The face (par) value is ₹ 125 but the share is selling for ₹ 96, which is less than par so it is sold below par i.e., at a discount.
The discount = ₹ 125 – ₹ 96
= ₹ 29 ...(≈ 23.2% of par)
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