Mathematics
₹ 200 shares are available at a discount of 20%. The money required to buy 50 shares is :
₹ 11,000
₹ 8,000
₹ 19,000
₹ 14,000
Shares & Dividends
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Answer
Given,
N.V. of each share = ₹ 200
Discount % = 20%
M.V. of each share = N.V. - Discount = ₹ 200 - = ₹ 200 - ₹ 40 = ₹ 160.
Market price of 50 shares = 50 × Market price of each share
= 50 × ₹ 160
= ₹ 8000.
Hence, Option 2 is the correct option.
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