Mathematics

The sum of money required to buy 50, ₹ 40 shares at ₹ 38.50 is :

  1. ₹ 1920

  2. ₹ 1924

  3. ₹ 1925

  4. ₹ 1952

Shares & Dividends

ICSE Sp 2025

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Answer

M.V. of share = ₹ 38.50

No of shares bought = 50

Money required = ₹ 38.50 × 50 = ₹ 1925.

Hence, Option 3 is the correct option.

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