Mathematics
The money required to buy 50, ₹ 20 shares at ₹ 10 discount is :
₹ 900
₹ 1,100
₹ 500
₹ 800
Shares & Dividends
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Answer
Given,
N.V. of share = ₹ 20
M.V. of share = N.V. - Discount = ₹ 20 - ₹ 10 = ₹ 10.
By formula,
Money required to buy shares = No. of shares × M.V. of each share
= 50 × ₹ 10
= ₹ 500.
Hence, Option 3 is the correct option.
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