Mathematics
If Kabir invests ₹ 10,320 on ₹ 100 shares at a discount of ₹ 14, then the number of shares he buys is :
110
120
150
100
Shares & Dividends
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Answer
Given,
Investment = ₹ 10,320
Face Value = ₹ 100
Discount = ₹ 14
Market Value = Face Value - Discount = 100 - 14 = ₹ 86
By formula,
Hence, Option 2 is the correct option.
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