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Mathematics

₹ 200 shares are available at a discount of 20%. The money required to buy 50 shares is :

  1. ₹ 11,000

  2. ₹ 8,000

  3. ₹ 19,000

  4. ₹ 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 - 20100×200\dfrac{20}{100} \times 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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