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Question
If Kabir invests ₹ 10320 on ₹ 100 shares at a discount of ₹ 14, then the number shares he buys is ______.
Options
110
120
150
100
MCQ
Fill in the Blanks
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Solution
If Kabir invests ₹ 10320 on ₹ 100 shares at a discount of ₹ 14, then the number shares he buys is 120.
Explanation:
Market price per share = ₹ 100 – ₹ 14
= ₹ 86
Number of shares = 10320 ÷ 86
= 120
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