2) Smita has invested Rs.12,000 and purchased shars of FV Rs. 10 at a

1.	2) Smita has invested Rs.12,000 and purchased shars of FV Rs. 10 at a premium ofRs.2. Find number of shares she purchased. Complete th activitySoln: FV- Rs.10Premium Rs.2Total investmentMVNumber of shares12000Ans. Smita has purchased âĄ shares.
Answer» MV = FV + premium = 10 + 2 = 12 Number of shares = Total Investment /MV= 12000/12= 1000 Smita has purchased 1000 shares Like my answer if you find it useful!

2) Smita has invested Rs.12,000 and purchased shars of FV Rs. 10 at a premium ofRs.2. Find number of shares she purchased. Complete th activitySoln: FV- Rs.10Premium Rs.2Total investmentMVNumber of shares12000Ans. Smita has purchased âĄ shares.

Answer»

MV = FV + premium = 10 + 2 = 12

Number of shares = Total Investment /MV= 12000/12= 1000 Smita has purchased 1000 shares

Like my answer if you find it useful!