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How Much Money Will Be Required to Buy 125, Rs. 30 Shares at a Discount of Rs. 3? - ICSE Class 10 - Mathematics

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Question

How much money will be required to buy 125, Rs. 30 shares at a discount of Rs. 3?

Solution

Nominal value of 1 share = Rs. 30
Market value of 1 share = Rs. 30 – Rs. 3 = Rs. 27
No. of shares purchased = 125
Money required to buy 125 shares = Rs. 27 × 125
= Rs. 3,375 Ans

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Solution How Much Money Will Be Required to Buy 125, Rs. 30 Shares at a Discount of Rs. 3? Concept: Shares and Dividends Examples.
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